1. A company bought a machine for BD 250,000 which has a useful life of 10 years and can be sold for BD50,000 at the end of its useful life. In addition, the cost of installing the machine is BD25,000 while the cost of dismantling is BD 7,500. Determine the accumulated depreciation and book value at the end of 8^th year using sinking fund if interest is 12%.

2. DAGT Corporation stock is selling at BD300 in the stock market. If such a stock has been projected to be around BD350 after a year and pays a dividend of BD20, how much will be the required return rate?

A.23% B.24% C.33% D.34%