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Question - You have recently won $10 million in a lottery, and you are considering investing the funds in financial assets.
Required -
a) List and discuss the major attributes of the below financial assets you are considering:
Term deposits
Equity
Derivatives
b) Discuss your risk profile.
c) Based on your investment profile, decide on a specific portfolio structure using real stock exchange information, real interest rates and banks, and real cases of derivative products. Calculations will earn bonus points.
Opening net book value of depreciable assets was $100,000 and opening UCC was $65,000. What is the total income tax expense for the year?
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