Question 6 List the various financial performance measures that can be applied to assessing the worth of capital assets. Explain their respective strengths and weaknesses.

Question 7 Outline the strategies available for evaluating the impact of uncertainty on discounted cash flow evaluation of capital budgeting decisions.

Question 8 What is the cost of capital? How is if evaluated? What other considerations need to be considered in its adoption?

Question 9 How are companies floated? Describe the process and various strategies for selling the initial company shares into the market and the various costs and players involved.

Question 10 Shareholders expect companies to distribute their profits through dividends. Is the payment of dividends as simple as this? Describe and evaluate the approaches and considerations that companies take into account before choosing to pay out their profits as dividends to shareholders.

Question 11 Debt is a complex contributor to capital structure. Outline the influence of debt on the financial objectives of the firm with special focus on the propositions of Modigliani and Miller.