Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

28 of 30 1.0 PointsRead the following description The right but not the obligation to buy a certain amount of foreign currency in the future

28 of 30

1.0 PointsRead the following description The right but not the obligation to buy a certain amount of foreign currency in the future within a fixed period What type of option is described above?A.Put option

B.Call option

C.Forward exchange contract

D.Currency swap

E.Swaption

Reset Selection

Question 29 of 30

1.0 PointsCompany XYZ has the following financial information available:

  • Shareholders require a return (Ke) of 20%
  • Shareholders have recently be paid a dividend of R5.00
  • Dividends are expected to increase by 4% annually
  • There are 100 000 ordinary shares issued

What is the value of the ordinary shares? Choose the correct value.

A.R 3 250 000

B.R100 000

C.R3 100 000

D.R200 250

E.R 1 200 100

Reset Selection

Question 30 of 30

1.0 PointsA shareholder, Mr. Botha, holds 100 shares in a company that has an issued-share capital of 1000 shares. The company makes a bonus issue of one share for every ten shares held. What is Mr. Bothas percentage share of the issued share capital after the bonus issue was completed?A.Mr. Botha holds 11% of the issued share capital

B.Mr. Botha holds 10% of the issued share capital

C.Mr. Botha holds 1% of the issued share capital

D.Mr. Botha holds 10.5% of the issued share capital

E.Mr. Bothas shareholding cant be calculated with the information at hand

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_2

Step: 3

blur-text-image_3

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 Management For Decision Makers

Authors: Peter Atrill

7th Edition

129201606X, 978-1292016061

More Books

Students also viewed these Finance questions

Question

What is a verb?

Answered: 1 week ago

Question

3. What values would you say are your core values?

Answered: 1 week ago