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Corporate Finance · Quiz 1 · 23 Feb 2025 · January 2025 term

Question 3: Suppose an asset earns an annual interest rate of 9% whic…

Question 3

+4 marksOne correct option

Suppose an asset earns an annual interest rate of 9% which is continuously compounded. If the asset sells for Rs 500 today, what will be its value after 3 years (Rounded off to nearest integer)?

  1. A

    Rs 382

  2. B

    Rs 500

  3. C

    Rs 635

  4. D

    Rs 655

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Correct answer

  • D

    Rs 655

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Question 3 of 25 in the IIT Madras BS Corporate Finance (Corporate Finance) Quiz 1 paper sat on 23 Feb 2025, in the January 2025 term (IIT M DEGREE AN EXAM QDB2 23 Feb 2025). It carries 4 marks.

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