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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Nente company June 2012 Question
Hi John, why $1180 not discounted by 11% rate for four years?
You have asked this before and I have answered you.
It is discounted as a perpetuity. The 4 years mentioned is referring to the previous 4 year – not to the future.
