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The investment amount made in a stock is 4 0 0 0 0 TL . During the 1 5 years it was held, the stock

The investment amount made in a stock is 40000 TL. During the 15 years it was held, the stock paid dividends of 800,000 TL in the first year and 100,000 TL in subsequent years. 15. At the end of the year, the shares were sold for 1,000,000 TL. The average annual inflation rate for 15 years has been 8%. MCVA, which includes inflation, is 20% compounded annually. What is the future equivalent of this investment based on today's purchasing power at the end of the 15th year?

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