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Q-1) Scenario: Suppose that you won 250.000 TL from lottery. Since you will go abroad for a master's degree after 8 months, you want to
Q-1) Scenario: Suppose that you won 250.000 TL from lottery. Since you will go abroad for a master's degree after 8 months, you want to increase your money in this period. For this purpose, you decide to invest. A friend of yours who follows the economic news advises you to buy bitcoin. You hesitate because it is a new system and start looking for other options. In addition to bitcoin, there are options to open an 8-month deposit account to the bank, buy ABC's shares, and buy dollars. Option 1 Bank 8 months maturity, with an annual interest rate of 24% The withholding rate is 15% The capital and interest income can be received at maturity. Option 2 Securities 40,000 pieces of the shares (securities) of the ABC CO., which have a nominal value of 1 TL/piece, purchase for 250.000 TL. The bank demands a commission of 2 %o for each purchase and sale transaction 8 months later, it is estimated to be 7TL/piece by economists. Option 3 Currency $ 1=TL 8,00 purchase for 250.000 TL After 8 months, it is estimated that 1 $ will be TL 8.6 by economists. Option 4 Bitcoin 1 Bitcoin = TL 500 purchase for 250.000 TL 1 % commission is applied when buying one bitcoin. After 8 months, it is estimated that 1 Bitcoin will be TL 550 by economists. REQUIRED: Please, decide on the best lucrative options. Calculate Opportunity Cost, Net Economic Profit/Loss, and Accounting Profit/Loss for a selected option over the others (It is possible to choose only one option, it is impossible to combine the options)
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