Mathematics, 03.07.2020 19:01 Alex9089435028

6. You want to buy Nu 20,000 shares, with a face value of Nu 100, at par. To
be able to do this, you borrow 60% of
the price at an interest rate of 12% p. a.
compounded annually. The annual
dividend rate is 18%. At the end of the
first year, how much more will you earn
in dividends than pay in interest on your
loan?
can you please help me?

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6. You want to buy Nu 20,000 shares, with a face value of Nu 100, at par. To
be able to do thi...

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