A stock pays annually an amount of ₹ 10 from 6 th year onwards. What is the present value of perpetuity, if the rate of return is 20%

CA Foundation · Quantitative Aptitude · MTP · September 2024
A stock pays annually an amount of ₹ 10 from 6 th year onwards. What is the present value of perpetuity, if the rate of return is 20%
(A) A. 20.1
(B) B. 19.1
(C) C. 21.1
(D) D. 22.1

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. 22.1

Topics: Part-A: Business Mathematics

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