AAFM Exam CWM_LEVEL_2 Topic 5 Question 90 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam

Question #: 90
Topic #: 5

Section B (2 Mark)

Ajay is considering to purchase a house which will bring rental income of Rs. 15,000/- p.m at the end of month. Ajay is looking for 12% returns and he is expecting to sell the property after 5 years for Rs. 6 lac. What price Ajay should pay for this property now?

ARs. 468000

BRs. 395000

CRs. 400000

DRs. 495000

Show Suggested Answer

Suggested Answer: B

by Mauricio at Sep 12, 2024, 11:50 PM

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Ardella

19 hours ago

This is a tricky one. I'm not sure if I should be considering the future sale price or just focusing on the rental income. I'm going to go with D) Rs. 495,000, just to be safe.

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