Al Madina Investment Company has many big clients. They provide loans and investments to the big companies
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Al Madina Investment Company has many big clients. They provide loans and investments to the big companies and corporations. In the industry, they have built a very good reputation of dealing with their clients. As of 2021 they have generated a net income of 15 Million Rials. They have hired the new financial manager Mr. Ahmed who has a very good and strong qualification and credential as well as wide experience in the field. The Board of Directors will call for a meeting to discuss investments they are going to choose. Prior to the meeting, Mr. Ahmed was tasked to do some research on potential investments in the country. He is required to present a report containing the details of investment opportunities. Below are the investment opportunities available in the market:
1. The stock market is showing an increase in the stock index of 25% early this year.
2. The government is opening the market operation and offering T-Bills with estimated 8% solid return.
3. Oil and Gas Companies are offering 20% fixed interest on their bonds.
Related Book For
Statistics for Business and Economics
ISBN: 978-0321826237
12th edition
Authors: James T. McClave, P. George Benson, Terry T Sincich
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