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ANSWER ASAP 1) Hisyam is a Dealer at Kenanga Investment Bank Berhad. As a Dealer's Representative, he needs to carry out client's instruction with proper
ANSWER ASAP
1) Hisyam is a Dealer at Kenanga Investment Bank Berhad. As a Dealer's Representative, he needs to carry out client's instruction with proper skills, care and diligence and give priority to execution of order given by the clients in the sequence in which they are received. If each stock bought and sold will be charged a commission of 0.75% and 1 lot of shares is equal to 100 unit, calculate: a. A client has bought shares based on the recommendation of a Dealer. How much the commission received by Hisyam if the client bought 860,000 unit of Ekovest at RM2.25? (5 Marks) b. If Ali bought 100 lot of Freight Bhd at RM1.720 per share, how much he has to pay? (5 Marks) QUESTION 4 (30 MARKS) i. Quaypoint Corporation is expanding rapidly and currently needs to retain all of its earnings, hence, it does not pay dividends. However, investors expect Quaypoint to begin paying dividends, beginning with a dividend of $1.00 coming 3 years from today. The dividend should grow rapidly at a rate of 50% per year during years 4 and years 5, after year 5, growth should be a constant 8% per year. The required rate on Quaypoint is 14%. a. Draw and label a time line depicting all the cash flows associated with Quaypoint Corporation view of the expansion period. (2.5 Marks) b. What is Quaypoint terminal value? (10 Marks) C. What is the value of the stock today, assuming that the current market price is RM20.00, describe your investment decision? (7.5 Marks) ii) Hisyam is a Dealer at Kenanga Investment Bank Berhad. As a Dealer's Representative, he needs to carry out client's instruction with proper skills, care and diligence and give priority to execution of order given by the clients in the sequence in which they are received. If each stock bought and sold will be charged a commission of 0.75% and 1 lot of shares is equal to 100 unit, calculate: a. A client has bought shares based on the recommendation of a Dealer. How much the commission received by Hisyam if the client bought 860,000 unit of Ekovest at RM2.25? (5 Marks) b. If Ali bought 100 lot of Freight Bhd at RM1.720 per share, how much he has to pay Step by Step Solution
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