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Mr. OXY is a middle level manager working in Salalah Port Services SAOG. He is 48 years old, married with three children. He is considered
Mr. OXY is a middle level manager working in Salalah Port Services SAOG. He is 48 years old, married with three children. He is considered one of the best in his company, and is likely to get many promotions. He expects that every year he will be able to save at least 12000 Rials per year in future. 1. According to you, Mr. OXY is in which phase of the investment lifecycle? (Draw the lifecycle diagram in your own handwriting and show in the diagram) 2. His investment advisor advised him to invest in low risk investments since he will retire in 12 years. Do you agree 3. Mr OXY has 50,000 rials in a bond fund and expects that every year he will be able to save and add 12.000 rials to the bond fund. Assuming that the bond fund will give 6% return per year, how much money will he have by the time of retirement (12 years). Pareh - BIEEL Path Maximum files: SOMB, maximum number of files Files ! Ps A P E Mr. OXY is a middle level manager working in Salalah Port Services SAOG. He is 48 years old, married with three children. He is considered one of the best in his company, and is likely to get many promotions. He expects that every year he will be able to save at least 12000 Rials per year in future. 1. According to you, Mr. OXY is in which phase of the investment lifecycle? (Draw the lifecycle diagram in your own handwriting and show in the diagram) 2. His investment advisor advised him to invest in low risk investments since he will retire in 12 years. Do you agree 3. Mr OXY has 50,000 rials in a bond fund and expects that every year he will be able to save and add 12.000 rials to the bond fund. Assuming that the bond fund will give 6% return per year, how much money will he have by the time of retirement (12 years). Pareh - BIEEL Path Maximum files: SOMB, maximum number of files Files ! Ps A P E
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