Q1. 1. The following data are available for a bond

Face value $ 1,000

Coupon Rate 16%

Years to Maturity 6

Redemption value $ 1,000

Yield to maturity 17%

What is the current market price, duration and volatility of this bond? Calculate the expected market price, if increase in required yield is by 75 basis points.

Answer all the MCQ in proper sequence in reference to managerial accounts:

2. Which of coming up next isn't a piece of Master Budget?

(a) Projected Balance Sheet,

(b) Capital Expenditure Budget,

(c) Operating Budgets,

(d) Budget Manual.

3. Which of coming up next isn't appeared in Cash Budget?

(a) Proposed Issue of Capital,

(b) Loan Repayment,

(c) Interest borrowed,

(d) Depreciation.

4. During year 1, the deals and Cost of products sold were $ 600,000 and $ 430,000 separately. One year from now, the deals are relied upon to increment by 10%. The Cost of products sold for one year from now would be:

(a) $ 430,000, (b) $ 490,000, (c) $ 473,000, (d) $ 440,000.

5. In 'Level of Sales' technique for arrangement of Projected Financial Statements, the Operating Costs ought to be projected based on:

(a) % of Profit before charge,

(b) % of Cost of merchandise Sold,

(c) % of Gross Profit,

(d) % of Sales.

6. In'% of Sales' strategy, different things of accounting report are assessed based on.

(a) % of Share Capital,

(b) % of Sales in current year,

(c) % of Fixed Assets,

(d) % of Sales in going before year.

7. In Projected Balance Sheet, an adjusting figure:

(a) May show up on Assets Side,

(b) May show up on Liabilities Side,

(c) Would never show up,

(d) Any of (a) or (b).

8. Strategy for arrangement of 'Projected Financial Statements' should begin from:

(a) Projection of Fixed Assets,

(b) Projection of Capital,

(c) Projection of Sales,

(d) Projection of Profit.

9. Which of coming up next isn't viewed as which getting ready money spending plan?

(a) Accrual Principle,

(b) Difference in Capital, and Revenue things,

(c) Conservation Principle,

(d) All of the abovementioned.

10. Which of the next may not be separated of projected Financial Statements?

(a) Projected Income Statement,

(b) Projected Trial Balance,

(c) Projected Cash Flow Statement,

(d) Projected Balance Sheet.

11. Cycle of Financial Planning closes with:

(a) Preparation of Projected Statements,

(b) Preparation of Actual Statements,

(c) Comparison of Actual with Projected,

(d) Ordering the representatives that projected figures m work out.