Question
Q1) Your bank is charging APR on a loan of 12%. However, the compounding is quarterly. What rate are really paying per year ? Q2)
Q1) Your bank is charging APR on a loan of 12%. However, the compounding is quarterly. What rate are really paying per year?
Q2) You want to buy a stock. It currently pays a dividend of SAR 25 per share, this is not expected to change. You believe that the appropriate required return is 10%. What should the value of the stock be
Q3) You can invest in an account that pays simple interest or an account that pays compound interest. In either case, you plan to invest $2,000 today and both accounts have an annual interest rate of 9 percent. How much more interest will you receive in the 11th year in the account that pays compound interest?
PLEAS WE CANT USE EXCEL
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