ki. (Total 3.5 Marks) a. Consider the following scenario: Two companies the APL Minerals and...
60.1K
Verified Solution
Link Copied!
Question
Finance
ki. (Total 3.5 Marks) a. Consider the following scenario: Two companies the APL Minerals and CMA CGM Furniture stocks have same prices at the end of year 2018. Both companies have 10 percent average annual return over the past two years. The stock prices of APL Minerals' increased 10 percent in both 2019 and 2020. CMA CGM Furniture's have seen 25 percent rise and fall of 5 percent in its share prices in 2019 and 2020 respectively. Explain if these two companies have the same price today, why or why not? (01 Mark)
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.