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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

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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

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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

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