Re: JNU ECOM 2011 QUES 47-56

Posted by RajEco on Mar 23, 2014; 4:24pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-ECOM-2011-QUES-47-56-tp7585392p7585395.html

49. Option 2 is better than Option 1.

Consider the future values-
Option 1- 112
Option 2- 56 + 55*(1.03) = 112.65