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10:25 4G 1630-24-EX06/ Welcome Message / SC1630-Exam May/June 2024 ...

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Question

Accounting

10:25
4G
1630-24-EX06/ Welcome Message / SC1630-Exam May/June 2024
The equation for the present value of Stock 123 on 1 November 2020 is given by
P(01/11/2020)-13,2
-0,157/2+100(1+0,157)
-34
The fraction of the half year to be discounted back is f -
37
and the accrued interest is
184
R5,31616%. The clean price of Stock 123 equals
a. R84,00947%.
b. R85,19377%.
c. R85,29586%.
d. R78,69331%.
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Answer & Explanation Solved by verified expert
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