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| Q. |
The present value of a Rs. 100 payable one year from today its |
| A. | Rs. 100 |
| B. | Rs. 105 if the interest rate is 5% |
| C. | Rs. 110 if the interest rate is 10% |
| D. | Rs. 95 if the interest rate is 5% |
| E. | None of the above |
| Answer» D. Rs. 95 if the interest rate is 5% | |
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