a)Explain the following terms:
(i)Accounts receivable advance rates (2marks)
(ii)Inventory advance rates. (2marks)
(b)Calculate the net present value (NPV) of a bond with aface value of sh.1,000 ,coupon rate of 8% and maturity period of 3 years.The yield to maturity is 10%. (2marks)
(c)Systematic risks are caused by external and uncontrollable factors arising out of the market,type the industry and the state of the economy.
With reference to the above statement,discuss three types of systematic risks to a business entity. (6 marks)
(d)Discuss a company’s obligation for the secured credit facility. (8marks)
(Total:20marks)
For a custom-written paper on the above topic, place your order now!
What We Offer
• On-time delivery guarantee
• PhD-level professionals
• Automatic plagiarism check
• 100% money-back guarantee
• 100% Privacy and Confidentiality
• High Quality custom-written papers
