A company has made an investment in government bonds. The bonds will generate an interest income of OMR 3000 each year for 5 years. The interest rate is 10% compounded annually. Compute present value...


A company has made an investment in government bonds. The bonds will generate an interest income of<br>OMR 3000 each year for 5 years. The interest rate is 10% compounded annually. Compute present value of<br>the stream of interest income.<br>Select one:<br>a. 11300.50<br>b. 10000.46<br>c. 12000.40<br>d. 11372.36<br>

Extracted text: A company has made an investment in government bonds. The bonds will generate an interest income of OMR 3000 each year for 5 years. The interest rate is 10% compounded annually. Compute present value of the stream of interest income. Select one: a. 11300.50 b. 10000.46 c. 12000.40 d. 11372.36

Jun 10, 2022
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