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Question 1 The FDA in the U.S. has just announced that it is in the final stage of approving a vaccine for final stage trials
Question 1 The FDA in the U.S. has just announced that it is in the final stage of approving a vaccine for final stage trials before starting production of a vaccine for Covid-19. Given this positive news, the expected U-shape recovery in global economies, is now projected to assume a V-shape recovery. The IMF now projects a 5.5 percent growth rate worldwide for 2021 and 3.6 percent for 2022. Choose a bank or REIT listed on the Singapore Stock Exchange (SGX) to carry out your investment analysis, apply your analysis to the most likely impact of such a scenario for the sector that your chosen company belongs to. (10 marks)
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