Question 1 a) Mr. Johnson wants to undertake an investment at the bank. If the quarterly rate is 6%, b) What would be the effective annual rate? i) What is the annual percentage rate? Major Topic Blooms Designation Time Value of Money FOUR QUESTIONS ANSWER THREE Major Topic Finance Environment Determine the usefulness of the financial market to the firm you are operating as a Finance Manager AP 20 MARKS The role of Finance and Financial Market Bloom's Designation CR Why would directors of a firm not consider net profit after tax as the superior option to mitigating the agency problem between shareholders and management? Major Topic Score 7 Blooms Designation AN Score 7 Score 6 TOTAL SCORE: