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Mcq – present value

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Mcq – present value

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  • November 21, 2015 at 3:05 pm #284335
    haider239
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    a project is expected to earn $5000p.a(current price) in perpetuity. inlfating at 4% per year. the first receipt will be in one year time. cost of cap. is 12%. what is the present value of receipts.

    i tried several times but couldnt get the correct solution. please help.

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