Question
An insurance investment plan offers a maturity value of
₹5,00,000 after 5 years. If the opportunity cost of capital is 9% compounded annually, calculate the present value of this investment and advise whether it exceeds the investment cost of ₹3,25,000.Solution
PV = 5,00,000 / (1.09)5 = 5,00,000 / 1.53862 = ₹3,24,896. Hence, marginally below investment of ₹3,25,000.
FTSE is stock market index of which of the following country?
DICGC is wholly owned subsidiary of which of the following organization ?
What is the primary distinction between factoring and forfaiting?
RBI announced to lower net worth requirement from 100 crore to ____ for operating the units in Bharat Bill Payment Systems.
IFSCA has provided disclosure requirements for Fund Management Entities which intend to launch or manage ESG scheme (Environmental, Social and Governan...
Which committee recommended the introduction of the Standing Deposit Facility?
What was the focus of the study conducted by Assocham and the EGROW Foundation regarding MSMEs in India?
Which combination of positions will tend to protect the owner from downside risk?
The National Stock Exchange (NSE) and its arm -- NSE Clearing (NCL) -- has agreed to pay a total of ______ to settle the case pertaining to the February...
The interest rate under external benchmark shall be reset at least once in how many months.
