Freddy Espinosa, is a person who currently has $ 500,000, the product of your liquidation of the

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Question:

Freddy Espinosa, is a person who currently has $ 500,000, the product of your liquidation of the TAME company. Until you know the evolution of your employment situation, decides to invest in PRODUBANCO, that sum of money, for 180 days and receives a rate

of 4.75%. Peter Simn from the ECUABURSATIL brokerage house, offers you a series of investment options for 360 days or one year. FE, decide that you are going to leave as security $ 100,000 in accumulation policy The starting information is as follows:

Creation date 08/01/2020

Investment amount $ 400,000

Title value Nominal value or price 08/01/2020 Issuer Offer of conditions Expiration period

CDT 10,000 Banco de Guayaquil Quarterly interest at a rate of 8.12% 1 year

CDT 8,000 Banco del Pichincha Semiannual interest at a rate of 8.86% 1 year

CDT 15,000 Banco de Loja Monthly interest at a rate of 7.66% 1 year

Debt obligation 8,000 Industrias Alex It is purchased at 102.5% of the face value. Pays quarterly interest with a rate of 10.25% 1 year

Bond 15,000 GAD Guayaquil It is purchased at 100.5% of the face value. Pays semiannual interest at a rate of 10.45% 1 year

Treasury certificate CETE A 10,000 Ministry of Finance and Economy It is purchased at 99.95% of the nominal value. Pays semiannual interest at a rate of 11.35% 1 year

Treasury certificate CETE B 50,000 Ministry of Finance and Economy It is purchased at 101.95% of the face value. Pays semi-annual interest at a rate of 10.95% 1 year

Treasury certificate CETE C 80,000 Ministry of Finance and Economy It is purchased at 103% of the nominal value. Pay quarterly interest at a rate of 10.50% 1 year

After doing your FE analysis, you decide to invest 25% in CDT, 35% in bonds and the rest in CETES

If Freddy Espinosa decides to invest in the CDTs of Banco de Loja, in the obligations of Industrias Alex and in the CETES B of the Ministry of Finance

1 What would be the profitability obtained from the portfolio

2 What would be the gross profit for the year. Includes bank policy