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11. What is meant by working capital? What are the advantages of effective working capital management? (1.5 + 1.5 marks) 12. An OMR 100 bond

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11. What is meant by working capital? What are the advantages of effective working capital management? (1.5 + 1.5 marks) 12. An OMR 100 bond with two years to maturity and an annual coupon of 9 per cent is available. (The next coupon is payable in one year.) If the market requires a yield to maturity of 9 per cent for a bond of this risk class what will be its market price? (1.5 marks) a. Business Administration Program Final Assessment Semester Fall 2020 Page 2 b. If the required yield to maturity on this type of bond changes to 10 per cent, what will the market price change to? (1.5 marks)

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