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CRW2602 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - 20 DUE September 2024 $2.85   Add to cart

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CRW2602 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - 20 DUE September 2024

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CRW2602 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - 20 DUE September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us..

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  • September 19, 2024
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CRW2602
Assignment 2 Semester 2 2024
Detailed Solutions, References & Explanations

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Due Date: 20 September 2024

QUESTION 1

F, a 98-year old widow, has inherited R70 000 000 from her late husband. F’s lazy son-in-law, G,
has offered to “look after her money for her”. F therefore hands G R20 000 000 and instructs G to
buy her (F) shares in company A in the hope that the value of the shares in company A will increase
over time. Contrary to F’s instruction, G goes and buys shares in company B with the money. When
asked by F whether he (G) bought the shares in company A as instructed, G replies “yes”. It later
turns out that the value of the shares in company A decreased dramatically and that the value of
the shares in company B increased and that G, in fact, saved F a lot of money.




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