AAFM CWM_LEVEL_2 Question Answer
Section C (4 Mark)
Asit an industrialist wants to buy a car presently costing Rs. 10,00,000/- after 5 years. The cost of the car is expected to increase by 10% p.a for the first 3 years and by 6% in the remaining years. Asit wants to start a SIP with monthly contributions in HDFC Top 200 Mutual Fund. You as a CWM expect that the fund would give an average CAGR of 12% in the next 5 years. Please advise Asit the monthly SIP amount starting at the beginning of every month for the next 5 years to fulfill his goal of buying the Car he desires.
CWM_LEVEL_2 PDF/Engine
- Printable Format
- Value of Money
- 100% Pass Assurance
- Verified Answers
- Researched by Industry Experts
- Based on Real Exams Scenarios
- 100% Real Questions
Get 65% Discount on All Products,
Use Coupon: "ac4s65"
