Question
The AVEX token has a price of 1000$ and pays interest of 0.000085 per token every 6 seconds. Compound interest can only be earned if
The AVEX token has a price of 1000$ and pays interest of 0.000085 per token every 6 seconds. Compound interest can only be earned if claimed and reinvested. If interest is not claimed 0.000085 will be accumulated every 6 seconds per 1000$. After being claimed, the accumulated amount is paid out instantaneously and reinvested in the token. suppose an investor holding 1 AVEX token claims the interest only every 24 hours and reinvest payments into AVAX then instantaneously after being claimed. How much would the investor have lost in interest proceeds if he/she claims the inters only every 24h instead of every 6 seconds over the 6 months (181 days) of a new year.
A) 8,5000
B)12.6723
C)0.0025
D)0.0085
E) 0.16905
You are considering investing you money in stock ABC for 1 year. You expect to receive 1.69$ in dividends and 32.08$ from the sale of the stock at the end of the investment period. If you want to earn a 15% return from this investment, what is the highest price you would pay for the stock today?
The maximum price you would pay for the stock today is______$ (4 decimals)
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