What is the profit of jaguar hf of the sale of the shares

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Problem 1: In 2019, Jaguar hf. share capital with a nominal value of 17,000 in Miklagil hf. for 382,500 as part of an investment in its portfolio held for trading. The fair value of these shares was 373,150 on December 31, 2019. Jagúar hf. sold all the shares in Miklagil hf. for 27.25 per share on July 3, 2020 and paid 15,000 in the cost of the transaction. What is the profit of Jaguar hf. of the sale of the shares in 2020?

Option 1: 65,750
Option 2: 80,750
Option 3: 75,100
Option 4: 90,100

Problem 2: Each of the below items are notin includedmarket risk under IFRS 7?

Option 1: Currency Risk
Option 2: Liquidity risk
Option 3: Price risk
Option 4: Interest rate risk

 

Reference no: EM132824664

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