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Problem As part of your retirement you plan to invest in some blue-chip stocks whenever you have extra savings. At the beginning of last year,

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Problem As part of your retirement you plan to invest in some blue-chip stocks whenever you have extra savings. At the beginning of last year, you invested 10,000 URC shares when the stock price is at P3.15. Today you invested another 10,000 URC shares for P100 per share. You also plan to invest P25,000 in JFC at the end of next year, and P15,000 in MEG a year after JFC investment. 1 year after MEG investment you open a savings account worth P38,000. Today is 12f31f2019. The historical spot rate; are 8. 5% and 9% for 1 year and 2 years ago, respectively. Use the Table 1 of Problem 1 for the expected rates. 1. Calculate the value of each investment as of today. 2. How much is the value of your retirement plan 5 years from today

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