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NEW QUESTION: 1
Mr. Shivam Sharma expects to receive Rs 25000 in net receipts each year for five year and to sell the property for Rs 350,000 at the end of the five-year period, if Mr. Sharma expects a 15% return, what would be the value of the property?
A. Rs. 2,60,000
B. Rs. 3,25,000
C. Rs. 2,60,000
D. Rs. 2,57,818
Answer: D

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