If you are expecting to get OMR 66634 at the end of 3 years. Calculate its present value if the interest rate is 9% and is computed quarterly.  Select one: a. 62333.02 b. 51019.88 c. 23696.30 d. 51454.83 e. All the given choices are not correct   The commodities or assets that are traded in financial market are called Select one: a. Financial Service b. Financial System c. None of the options d. Financial Institution e. Financial Instrument

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA3: Time Value Of Money
Section: Chapter Questions
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If you are expecting to get OMR 66634 at the end of 3 years. Calculate its present value if the interest rate is 9% and is computed quarterly. 

Select one:

a. 62333.02
b. 51019.88
c. 23696.30
d. 51454.83
e. All the given choices are not correct
 
The commodities or assets that are traded in financial market are called
Select one:
a. Financial Service
b. Financial System
c. None of the options
d. Financial Institution
e. Financial Instrument
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