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If you invest AED 15,000 per year for 9 years, starting from end of this year, how much money you have at the end of

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If you invest AED 15,000 per year for 9 years, starting from end of this year, how much money you have at the end of 9 years, assuming 5% per annum return? [All deposit are made at the end of each year] ANSWER FORMAT: 12345.67 Answer: Shangrilla Resort Company has AED 1,000 par value bonds outstanding with coupon payment of 125 annually. The bonds will mature in 15 years. Compute the current price of the bonds if the present vield to maturity is 7%. ANSWER FORMAT: 1234.56 Answer: Fair Play LLC paid a common stock dividend of AED2.70 per share last year. The required return on common stock (Ke) is 0.10; The firm has a constant growth rate of 0.065; Compute the current price of the stock (Po). ANSWER FORMAT: 1234.567

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