Ahmed is a young BBA Graduate from MEDIU and has just started working as an administrative executive with a manufacturing company with a monthly salary of RM4,800 a month. Ahmed is renting a room near his workplace for RM500 per month and travels to his workplace with a motorcycle. He plans to get married in 3 years and to buy a small car by the end of 2025. Ahmed needs to raise funds of at least RM150,000 by end of 2025 in order to meets his plan. You are required to advise Ahmed on how he could raise the money he needs through the various sources of Fund In-Flows
Ahmed is a young BBA Graduate from MEDIU and has just started working as an administrative executive with a manufacturing company with a monthly salary of RM4,800 a month. Ahmed is renting a room near his workplace for RM500 per month and travels to his workplace with a motorcycle. He plans to get married in 3 years and to buy a small car by the end of 2025. Ahmed needs to raise funds of at least RM150,000 by end of 2025 in order to meets his plan. You are required to advise Ahmed on how he could raise the money he needs through the various sources of Fund In-Flows
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
Problem 1PS
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Ahmed is a young BBA Graduate from MEDIU and has just started working as an administrative executive with a manufacturing company with a monthly salary of RM4,800 a month. Ahmed is renting a room near his workplace for RM500 per month and travels to his workplace with a motorcycle. He plans to get married in 3 years and to buy a small car by the end of 2025. Ahmed needs to raise funds of at least RM150,000 by end of 2025 in order to meets his plan. You are required to advise Ahmed on how he could raise the money he needs through the various sources of Fund In-Flows
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