**Task**

1. This task is individual

2. Word File describing the methods and tools you use for reaching the answers. You can also write by hand and submit a picture of your task.

1.- A property can be rented for 50.000 euros per year. We assume that it can last for many decades, with growing maintenance costs of 1% per year. For how much would you value it today if you want to obtain at least a profitability of 3% ?

2.- Somebody acquires some shares that are expected to produce yearly cash inflows of 12.000 forever, but the first payment will start in 2 years. The profitability of these shares is a 2%. Calculate the value of these shares today.

4.- How much money do you have to invest today for getting 9 yearly payments with an interest rate of 5% considering the first payment of 1.800 € will be made today and will be growing 1% yearly?

5- Your company has the opportunity to invest in a project that will generate cash-flows of 10,000€ per year, starting in 4 years, and for 15 years.

Calculate how much you should invest today if you want to get a profitability of 3%

Formailities

· Font: Arial 12,5 pts.

3. Text alignment: Justified.

4. The in-text References and the Bibliography have to be in Harvard’s citation style.

5. NO SOFTWARE SOLVING TOOLS ALLOWED