1. You are interested in acquiring a building. The expected profit for the next 3 years is $2 million per annum. Thereafter, you are expecting the profit to grow at 4 percent. Assuming an interest rate of 10%, what is the maximum price you would pay for this building?
2. Decribe the role of Emerging market in international equity markets.
3. How would you protect your investment in a European company from adverse currency movements?