Jan 21 exam question – How have they calculated forward rate
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In some sums of capital budgeting , in case of unqual life, project disparity has been used by ICAI and in sums it is not can you please explain when to use and when to not.
part (b)
I think this should be formula of personal income and not private income.
We should have taken (1+kd)⁵ and not pvaf. Why have we taken pvaf?