Question
You wants to buy a new hous with a price of EGP 600,000. You will pay down 100,000 now and borrow the remaining from the
You wants to buy a new hous with a price of EGP 600,000. You will pay down 100,000 now and borrow the remaining from the bank at interest rate of 14% for 5 years for which you will pay annual loan payment. Determine the annual loan payment?
Adam borrowed a loan from CIB bank, and he pays EGP8000 at the end of each year for 10 years. After two years, he opened account at EG bank and asked the EG bank to buy his debt from CIB bank. If the EG bank requires a minimum return of 11%, how much should EG bank pay to CIB bank to purchase Adams debt.
Suppose we want to invest money in Orascom Construction. A financial analyst told you that the company announced to distribute cash dividends of EGP 3 per share for the next 3 years. Also, you speculate that it will be sold EGP 40 three years from now. You would like to earn 12 % on this investment. value of common stock should be..
loan of EGP 40,000 is taken out. Interest payments are due monthly at j12= 10%. A sinking fund is set up to pay back the EGP 40,000 in one lump sum at the end of 4 years. The sinking fund earns j12 = 12% and deposits are made monthly. Find the monthly debt expense.
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