(b) (c) After carrying out a suitable analysis, make recommendations to your client regarding which of...
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(b) (c) After carrying out a suitable analysis, make recommendations to your client regarding which of the three pieces of investment advice he should take. (Assume a standard rate of tax of 35 %) What is the effective annual interest rate, after tax of your recommended proposal ? What situations might occur that would make you wish to reconsider your advice? 1.0225 1.04 1.045 1.05 1.08 1.09 1.10 1.046 1.082 1.092 1.103 1.166 1.188 1.210 1.093 1.170 1.193 1.216 1.360 1,412 1.462 Where i-rate of interest per time period 1.143 1.265 1.302 1.340 1.587 1.677 1.772 1.195 1.69 1.422 1.477 1.851 1.993 2.144 (b) (c) After carrying out a suitable analysis, make recommendations to your client regarding which of the three pieces of investment advice he should take. (Assume a standard rate of tax of 35 %) What is the effective annual interest rate, after tax of your recommended proposal ? What situations might occur that would make you wish to reconsider your advice? 1.0225 1.04 1.045 1.05 1.08 1.09 1.10 1.046 1.082 1.092 1.103 1.166 1.188 1.210 1.093 1.170 1.193 1.216 1.360 1,412 1.462 Where i-rate of interest per time period 1.143 1.265 1.302 1.340 1.587 1.677 1.772 1.195 1.69 1.422 1.477 1.851 1.993 2.144
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a To determine which investment advice to recommend we need to compare the effective annual interest ... View the full answer
Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0134730363
8th edition
Authors: Arthur J. Keown
Posted Date:
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