1.Bashoil plc wants to raise 21m. Existing shares of Bashoil plc quoted at 3.10. The firm intends to raise funds through a one for three right issue price at 2.95. What will be the ex-rights price?

a. 3.06

b. 3.10

c. 2.95

d. 2.99

2.The annual demand for a part is 20,000 units a year. It costs 15 to place an order and 0.10 a year to hold a unit of stock. The Economic Order Quantity is:

a. 1235.44

b. 3235.44

c. 2449.49

d. 3449.49

3.Salavat plc issued a bond with a 7.5% coupon per annum, redeemable in 5 years at par 100, which was issued at a 3% premium to par value. What is the required rate of return for that bond?

a. 8.67%

b. 7.43%

c. 6.93%

d. 8.40%