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4 . (a) Mr Ariff is considering investing in two shares, X and Y. The following cash flow for both share: End of year 1
4 . (a) Mr Ariff is considering investing in two shares, X and Y. The following cash flow for both share: End of year 1 2 3 4 Investment (RM) X Y 15,000 15,000 15,000 18,000 15,000 17,000 15,000 17,000 Assuming a 20 percent interest rate, calculate the future value each investment and recommend the best alternatives for Mr Ariff to select. (10 marks) (b) From your understanding, briefly explain financial management and the importance of it
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