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1. You have an investment in an equity-index fund. The fund currently sells for Php 100 per share. The price per share at the end
1. You have an investment in an equity-index fund. The fund currently sells for Php 100 per share. The price per share at the end of the year is Php 110 and cash dividends over the year is Php 5. Holding period is one year. 2. Let us assume that an interest rate of 5% per annum remains constant over the period. What is the future value of an ordinary annuity of Php 1,000 annuity payments at the end of the end of next 4 periods?
1. You have an investment in an equity-index fund. The fund currently sells for Php 100 per share. The price per share at the end of the year is Php 110 and cash dividends over the year is Php 5. Holding period is one year.
2. Let us assume that an interest rate of 5% per annum remains constant over the period. What is the future value of an ordinary annuity of Php 1,000 annuity payments at the end of the end of next 4 periods?
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