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1.Following data is accessible in regard of profit, market cost and market condition following one year. Economic situation Probability Market Price ($) Dividend per share

1.Following data is accessible in regard of profit, market cost and market

condition following one year.

Economic situation Probability Market Price ($) Dividend per share ($)

Great 17.85 119.52

Ordinary 12.50 189.63

Awful 11.25 48.96

The current market cost of a value share is $ 196.63 (F.V. $ 1), which is cum 15.10%

reward debenture of $ 74.52 each, per sha$ M/s. X Finance Company Ltd. had advertised

the repurchase of debentures at face esteem.

Discover the normal return and inconstancy of profits of the value shares.

And furthermore encourage Whether to acknowledge repurchase after?

2. Which one of coming up next isn't correct in regard of notice of shame?

(a) Notice should be recorded as a hard copy

(b) Notice can be oral or recorded as a hard copy

(c) Notice should be formal

(d) Notice should be given inside a sensible time-frame

3. In which of the accompanying cases a notification of shame isn't needed?

(a) When the cabinet has canceled installment

(b) When the gathering to whom the notification is to be given can't be looked.

(c) When the gathering vows to pay unequivocally

(d) All of the abovementioned

4. Release corresponding to a debatable instrument should be possible by

(a) Discharge of the instrument

(b) Discharge of gatherings responsibility

(c) Neither (a) nor (b)

(d) Both (a) and (b)

5. The responsibility of the producer of a promissory note is

(a) Primary and outright

(b) Secondary and contingent

(c) Both (a) and (b)

(d) None of the abovementioned

6. The responsibility of the cabinet of a bill is

(a) Primary and supreme

(b) Secondary and contingent

(c) Both (a) and (b)

(d) None of the abovementioned

7. The fundamental state of an Inland bill is

(a) The instrument is drawn or made in India

(b) The instrument should be payable in India or the drawee should be in India

(c) Both (a) and (b)

(d) Neither (a) nor (b)

8. The individual on whom the bill is drawn is known as

(a) Drawer

(b) Drawee

(c) Payee

(d) All of the abovementioned

9. Which of the accompanying assertion is valid?

(a) Notice of the shame of a bill is important

(b) Notice of shame of check isn't required

(c) Both (a) and (b)

(d) None of the abovementioned

10. The method of intersection by which the holder of the check can't get the installment over the counter yet through any of the bank just is called

(a) General intersection

(b) Special intersection

(c) Account payee crossing

(d) None of the abovementioned

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