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QUESTION THREE Linda Jackson, a financial analyst at Ken and Bradley, a leading real estate firm, is thinking about recommending that Ken and Bradley invest
QUESTION THREE Linda Jackson, a financial analyst at Ken and Bradley, a leading real estate firm, is thinking about recommending that Ken and Bradley invest in a piece of land that costs K85,000. She is certain that next year the land will be worth K91,000, a sure K6,000 gain. Given that the guaranteed interest rate in the bank is 10 percent, should Ken and Bradley undertake the investment in land? (5 marks) Total (5 marks) ENDOC SYAMINATION DADOR
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