Question $6$

In cryptocurrency, all blocks contain a link to the previous block, except for:

Question $6$Select one:

Block number $24601$

The third block

The second block

The first block

Question $7$

In the future, Blockchain applications will include;

Question $7$Select one:

Only transactions within the borders of one country

Cryptocurrency transactions, transactions between governments, companies and consumers, voting, healthcare and many other applications

Only transactions between companies or government agencies

Only transactions involving cryptocurrencies

Question $8$

According to Argenti:

Question $8$Select one:

'Managers should take a broad view of which stakeholder groups are important'

'All stakeholders should have equal attention from managers'

'Shareholders are the stakeholders whose interests should come first'

'All stakeholders have a legitimate interest in management actions'

Question $9$

Squire Ltd$.$ is considering acquisition of Triple P Ltd$.$ Selected financial data for the two companies are as follows:

Squire LtdTriple P Ltd

Annual sales $($Kshs millions$)75090$

Net income $($Kshs millions$)607\mathrm{.}50$

Ordinary shares outstanding $($millions$)153$

Earnings per share $($EPS$)$Kshs$\mathrm{.}4$Kshs$\mathrm{.}2\mathrm{.}50$

Market price per share $($MPS$)$Kshs$.44$ Kshs$.20$

Both companies are in the $40\%$ tax bracket.

Compute the total premium the shareholders of Triple P Ltd would receive at the maximum exchange ratio.

Question $9$Select one:

$7\mathrm{.}5$ million

$20\mathrm{.}8$ million

$15$ million

$22\mathrm{.}5$ million

Question $10$

During the past $6$ years, the stock of one of the firms listed on the Nairobi Securities exchange has moved as follows:

Year $201420152016201720182019$

Price $\%-15-1020251015$

What is the standard deviation of the return of the firm's stock?

Question $10$Select one:

$16\mathrm{.}71\%$

$36\mathrm{.}74\%$

$15\mathrm{.}00\%$

$40\mathrm{.}93\%$

Question $11$

What is a leveraged buyout?

Question $11$Select one:

It is an acquisition which is funded from a relatively low amount of debt.

It is an acquisition in which a large acquirer has leverage through bargaining power over a small target.

It is an acquisition which is funded from a relatively large amount of debt.

It is a type of joint venture