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ACC501 Current Midterm Paper Fall 2013 File 7



by Python on December 23, 2013 at 2:02pm
Todays Paper some of the subjective questions that I remember are
1.  Explain with examples the Fisher effect
2. Calculate the current value of bond and also determine if it is a discount bond or a premium bond, the data given was:
       Coupon rate: 2600
       Face value : 20000
       Market rate : 9 %
       Maturity time : 10 years
3 : Calculate the ROE with given data that included
      Net income
     Net Fixed assets
      Sales
      Equity multiplier
     accounts receivable etc.
4.  Bank A giving simple interest at 8 % for 10 years
     Bank B giving compound interest at 16.5% for 10 years, which one is better
MCQs were fairly easy
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