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What is the maturity value

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Reference no: EM133013980

Questions - Solve the following problems:

Q1. What is the maturity value if a person invested Php 15,000 in a bank at 5% ordinary interest from February 27, 2021 to December 15, 2021 using actual and approximate time?

Q2. What is the compound interest if Mr. Dela Cruz invested Php 100,000 to fund that pays 9.75% interest compounded quarterly for 7 years and 3 months?

Q3. The board of directors of JYP Inc. has declared a dividend of Php 20,000,000. The company has 50,000 shares preferred stock that pays Php 60 per share and 100,000 shares of common stock. Calculate the amount of dividends due the preferred shareholders and the dividend per share of common stock.

Reference no: EM133013980

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