1. If current price of stock is Rs.25 and you hold it for one year and received dividend of Rs.2.5. You sold it at Rs.27. How much return you received?
2. You deposited Rs.1,000 in a savings account that pays 8 percent interest, compounded quarterly, planning to use it to finish last year in college. Eighteen months later, you decide to go to the Rocky Mountains to become a ski instructor rather than continue in school, so you close out your account. How much money will you receive?
3. What is the future value of a 5-year ordinary annuity with annual payments of Rs.200, evaluated at a 15 percent interest rate by Bank A?