SACPVP Professional Valuer Practice Questions - SACPVP Professional Valuer Board Examination Exam

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An investor expects to receive a lump sum of R1,200,000 in 6 years. What is the present value of this sum if discounted at an annual rate of 10%?

R677,369 R720,000 R600,000 R754,320

Correct Answer:

R677,369

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