Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.A financial officer of a worldwide organization has put $157.547 million in a 5-year FRN which pays a semi-yearly premium of 13.25% more than half

1.A financial officer of a worldwide organization has put $157.547 million in a 5-year FRN

which pays a semi-yearly premium of 13.25% more than half year LIBOR. The half year

LIBOR for the primary semester is fixed at 17.25%. The financier accepts that the

Central bank will diminish the dollar loan cost later on. To fence the

loan cost hazard, the financial officer has likewise bought a long term floor on half year LIBOR

at a strike cost of 3% by paying premium of 2.6355% on the assumed worth of $178.2014 million.

You are needed to figure the viable pace of profit from the venture

showing all the incomes if the a half year LIBOR at the following 9 reset days ends up

to be: 3.08%, 2.90%, 2.75%, 2.60%, 2.50%, 2.45%, 2.80%, 3.05%, 3.15% individually.

(Utilize a markdown pace of 3% to amortize the premium)

2. In a closeout deal, on the off chance that the dealer utilizes imagined offering to raise the value, the :

a) Sale is voidable at the alternative of the dealer.

b) Sale is void.

c) Sale is voidable at the alternative of the purchaser.

d) The purchaser isn't needed to pay the overabundance sum charged by the dealer.

3. Which of coming up next is a suggested condition under a deal by depiction ?

a) Goods should relate with the portrayal.

b) Goods should be of merchantable quality.

c) Condition as to healthiness

d) All of the abovementioned.

4. Which of coming up next is a suggested condition under a deal by test ?

a) The mass will compare with the example

b) Implied state of merchantability.

c) Both a) and b)

d) Neither a) nor b)

5. Subject to agreement despite what might be expected, which of coming up next is definitely not an inferred guarantee according to

the Sale of Goods Act, 1930?

a) Warranty as to resale of the merchandise

b) Warranty suggested by the custom as use of exchange

c) Warranty to reveal perilous nature of merchandise

d) Warranty as to independence from encumbrances.

6. According to Sec. 45 of the Sale of Goods Act, 1930 a neglected merchant is an individual, who :

a) Who has not been addressed the entire cost.

b) An individual who got a bill of trade which was disrespected

c) Both a) and b)

d) Neither a) nor b)

7. The privilege of a neglected dealer to keep the ownership of the merchandise and decline to convey the

merchandise to the purchaser is called.

a) Right of refusal c) Right of lien

b) Right to resale d) None of the abovementioned.

8. The privilege of lien won't be lost in which of the accompanying cases :

a) By waiver of lien by the neglected vender

b) When the products are conveyed to the transporter and the vender holds the privilege of removal of

products.

c) When the purchaser legitimately acquires the ownership of the products

d) None of the abovementioned.

9. In which of the accompanying case, the travel won't reach a conclusion ?

a) When the purchaser acquires the conveyance before they show up at the objective.

b) Where the transporter recognizes that he holds the products for the benefit of purchaser.

c) When the transporter unjustly won't get it done

d) When the merchandise are dismissed by the purchaser and the transporter holds them.

10. The option to stop the products on the way can be practiced by the neglected dealer by :

a) Taking real ownership of the products

b) Giving notification of the venders guarantee to the transporter

c) Both a) and b)

d) Neither a) nor b).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Carl S Warren, James M Reeve, Jonathan Duchac

12th Edition

0538478519, 9780538478519

More Books

Students also viewed these Accounting questions

Question

What is the usefulness of an issue-tracking system?

Answered: 1 week ago