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1 point An investor, Mr. Ommie wants to finance RM 500,000 in your new investment to expand your project overseas. Since
Posted: Tue Jan 18, 2022 1:02 pm
by answerhappygod
- 1 Point An Investor Mr Ommie Wants To Finance Rm 500 000 In Your New Investment To Expand Your Project Overseas Since 1 (48.49 KiB) Viewed 43 times
1 point An investor, Mr. Ommie wants to finance RM 500,000 in your new investment to expand your project overseas. Since you do not plan to proceed for at least another year due to Covid-19 pandemic, Mr. Ommie told you that you can have the money now, or he can wait and give you the money when you actually invest in your overseas project. You decide to take the money now and deposit it in your
company's fixed deposit account. After all, your deposit will yield 6% interest compound annually. A year from now, post-Covid- 19, your RM 500,00 will be worth RM 530,000. What financial concept does this scenario presents? * A. Capital budgeting B. Re-investment plan C. Time-value of money O D. Business plan