AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 153 Topic 16 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 153 Topic 16 Discussion

GLO_CWM_LVL_1 Exam Topic 16 Question 153 Discussion:
Question #: 153
Topic #: 16

Vinod is projecting an income stream providing Rs. 2,000/- for first 3 months, Rs. 3,200 for next 2 months, Rs. 4,500 for next 1 month, Rs. 3,700 for next 6months and Rs. 800 for 2 months thereafter. Please calculate the Present Value of this cash stream if rate of interest is 9%


A.

24465.92


B.

25817.12


C.

24,513.72


D.

23478.68


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