Akbar and Ahmed are newly purchase a shop for OMR 80,000 in Oman in city mall, muscat. Since the shop is very small, they planning to move in a big shop in 7 years. How much will their small shop worth in 7 years if inflation is expected to be 9%? Justify your answer, will you suggest or not to buy big shop in next 5 years in city mall?
Akbar and Ahmed are newly purchase a shop for OMR 80,000 in Oman in city mall, muscat. Since the shop is very small, they planning to move in a big shop in 7 years. How much will their small shop worth in 7 years if inflation is expected to be 9%? Justify your answer, will you suggest or not to buy big shop in next 5 years in city mall?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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- Akbar and Ahmed are newly purchase a shop for OMR 80,000 in Oman in city mall, muscat. Since the shop is very small, they planning to move in a big shop in 7 years. How much will their small shop worth in 7 years if inflation is expected to be 9%? Justify your answer, will you suggest or not to buy big shop in next 5 years in city mall?
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