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3) A car accident killed a couple leaving a four years old girl orphan; the ex- parents own a building which is rented for JD
3) A car accident killed a couple leaving a four years old girl orphan; the ex- parents own a building which is rented for JD 1,500 per month. The Orphans Fund Development Foundation (OFDF) acquired the building and invested the rent proceeds within its portfolio until the girl is 18 years old, the average long term returns on OFDF portfolio is 11%, how much will the girl have when she is 18 years. 4) You have been offered an investment opportunity to buy a stock in XYZ bank, the estimated discount rate is equal to 9%, the chairman of board of directors announced that the bank will increase the dividends by 3% annually, the dividends paid five years ago were JD 1.00, what is the fair price that you are willing to pay for that stock
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