In which section of the cash flow statement would the disposal of obsolete plant and equipment appear?
XYZ Berhad has announced a rights issue of 1 share for every 10 shares of RM1.00 each at an issue price of RM1.30 per ordinary share. XYZ Berhad shares are currently trading at RM3.50.
Using the above information, calculate the theoretical ex-rights price of XYZ Berhad.
What is the intrinsic value of the rights?
OTC Corporation issued an AA-rated bond with nominal value of RM150 million in 5 years' time. It bears a 5% semi-annual coupon rate and a yield of 8%. Calculate the coupon cash flow per period for the bond issue.
Select the TRUE statement regarding current ratio. The current ratio indicates:
(i) Call risk
(ii) Liquidity risk
(iii) Exchange rate risk
(iv) Purchasing power risk
A trader buys 4 crude palm oil futures contracts at RM1,100 and the price rises to RM1,130. The market then falls and the trader liquidates them at RM1,115. What is the profit from the above transaction?
In April, company A plans to invest RM5 million in the interbank money market in three months' time. The company's treasurer, Mr. Lee, has a strong feeling that interest rates will be falling. To protect the company from an interest-rate downturn, Mr. Lee should ________________.
(i) It has a long investment history
(ii) It requires specialist management skills
(iii) It has return characteristics which are similar to traditional assets
(iv) It is not usually included in investment portfolios
The semi-strong form of the Efficient Market Hypothesis requires that _____________.
(i) Macroeconomics studies economic aggregates at the overall level of the economy
(ii) Microeconomics studies individual units in determining the trend of production and distribution of goods and services
(iii) Macroeconomics includes studies on the total level of spending in the economy as well as total output of the economy
(iv) Microeconomics includes studies on how regulations and taxes affect the markets
The effect of a decrease in the spot price on call and put options would be:
AA Builder Bhd has issued an RM1,000,000 nominal value of zero coupon bond with a life of 20 years to finance its business project. If the bond is expected to yield 9%, what is the intrinsic value of this bond?
Based on the information on Asset A in the following table, compute the expected return from investing in this asset.
In a cash flow statement, the purchase of a building would:
(i) The Godfather (1972)
(ii) The Shawshank Redemption (1994)
(iii) Shichinin No Samurai (1954)
Which of the following is the MOST appropriate discount rate to be used when valuing a firm as a whole?
Orange Bhd wishes to issue bonus issue to its entire existing shareholder on 14 June 2006. The bonus issue is based on 1:2. UPDATED BY YP
From whom should Orange Bhd seek for approval for the proposed corporate exercise?
If an investor owns 1,000 shares, how many shares would he/she receive for the bonus issue?
A company's internal regulations which covers matters like allotment of shares, transfer of shares and appointment of directors is known as:
The Kuala Lumpur Composite Index (KLCI) consists of how many component stocks?
Orders for the execution of purchases and sales of securities are effected through the:
Which of the following are derivative securities?
(i) Convertible loan stocks
(ii) Call warrant
(ii) Financial constraints
(iii) Foreign exchange bottlenecks