Jennifer bought jshares of Keester's Koverups for ndollars last year. Her stock rose in price and eventually would earn her 120% capital gain. She decided to sell half of her shares. Represent the capital gain earned on each of the shares that were sold algebraically.
a. 1.2n
b. 0.5n
C. 120j
d.0.5j
Ruth Fanelli has decided to drop her collision insurance because her car is getting old. Her total annual premium is $916, of which $170.60 covers collision insurance.
Moshe will need R145 000 in three years’ time, to open a bakery. He immediately starts to make monthly deposits into an account earning 11,05% interest per year, compounded monthly. Moshe’s monthly deposit is
As an Investment Banker your client, Alpha Limited is looking at a restructuring its business. You extract the following data from the financials of the company.
Particulars Rs. Crs.
Equity capital (Face value Rs. 10) 1,000.00
Debentures (@ 12%) 400.00
Long Term unsecured loan (@15%) 200.00
Total 1,600.00
The company has been paying a dividend of 20% per annum (historically). The stock of LMN Limited is listed at Rs. 20 on the NSE.
You are required to
a. Compute the cost of Equity capital
b. Weighted Average cost of capital of Alpha Limited.
Detailed calculation is required
Mr. Nazri saves RM500 at the beginning of each year. He receives an interest of 3% each year. Find the total amount of savings including the interest after 20 years.
Jeremy was charged interest of $158 for a loan amount of $3,000 that she borrowed for 170 days. What annual rate of simple interest was charged?
Syazana inherits RM25 000 in April 2012. She invests the money at an interest rate of
2.7% per year. What is the value of her investment in April 2025?