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  1. Each year, bond will generate interest (coupon) of 20 M$ * 9% = 1.8 M$ Since the interest will be reinvested at 8% per year, so the total future value of investment at the end of 30 years will be 1.8(1.08)^(30-1) + 1.8(1.08)^30-2) + ..... + 1.8 + 20 (Original principle) =223.9...

  2. I am listing out the relevant points as follows: 1. verbal agreement constitutes a contract if all the elements present (it looks like yes) 2. Despite the fact that they won some time later, their action to continue to...

  3. Long story short - being a solicitor is more secure than a barrister. 1. Pro se representation has been gradually increased in Hong Kong. The demand for legal service (especially litigation) will start diminishing. 2. A barrister...

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