Suppose that an investor anticipates an $($annual$)$ income tax rate of $30\%,$ and a $($deferred$)$ capital gains

tax rate of $15\%$

Required: What would be the final value of an investment of TZS $50,000,000$ for $5$ years under the

following scenarios? i$)$ The investment yields an average of $3\%$ p$.$a$.$ entirely in dividends and The

investment yields an average of $3\%$ p$.$a$.$ entirely in price rises.