A firm has the credit term of net 30 and the average collection period (ACP) of 30 days. If it switches to the term of 2/10 net 30, 50% of its customers will pay after 10 days, while the remaining customers will pay after 30 days. What will the new ACP be? Select one: O A. 30 days. O B. 40 days. O C. 10 days. O D. 20 days.Suppose a company offers the credit term of 3/15 net 45. What is the implied interest rate a customer pays for the 30-day credit period when he/she does not take the cash discount? Select one: O A. 5.093% O B. 2.040% O C. 3.093% O D. 4.040%The big C is considering a change in its cash-only sales policy. The new terms of sale would be one month. The required return is 1.6 percent per month. Based on the following information, what is the cost of switching to the new policy? Current policy New policy Price per unit (RM) 800 800 Cost per unit (RM) 425 425 Unit sales per month 1,110 1,150 Select one: 0 A. RM615,000 0 a. RM905,000 O C. RM735,500 O D. RM845,000 What is the expected returns on a stock given the following information? State of Probability of Rate of Return Economy State of Economyif State Occurs Boom 0.16 22% Normal 0.78 13% Recession 0.06 5% Select one: O 13.96% O B. 15.54% O C. 12.25 % O D. 11.40 %Your portfolio is comprised Stock X, Stock Y, and Stock Z. What is the beta of your portfolio? Stock Portfolio Security composition Beta X 36% 1.19 Y 18% 0.87 7 46% 1.25 Select one: O A. 1.18 O B. 1.09 O C. 1.13 O D. 1.16A firm's receivables period is 45 days, payables period is 60 days, and operating cycle is 100 days. What is the firm's cash cycle? Select one: O A. 5 days O B. 40 days O C. 115 days O D. 85 daysWhat is the effective annual rate (EAR) of interest on a certificate of deposit that has a nominal rate of 5.5% with interest compounded quarterly? Round up to TWO (2) decimal places. Select one: Q A. 5.61% O B. 5.50% O C. 5.58% O D. 5.54% What is the value of RM455, one year from now, if it grows at 11.25%? Select one: O A. RM506.19 O B. RM511.11 O C. RM505.25 O D. RM567.25Ramesh wishes his grandchildren to have RM'I million 50 years from now. If the fixed deposit's interest rate is Will: per year, how much is needed now to achieve this? Select one: 0 A. RM33,94?.76 O B. RM31 347.76 0 C. RM32,947.76 O D. RM34,94?.76 Sherry Samad is buying a RM450,000 home and will pay the mortgage monthly for 30 years. She has a good credit score and has qualified for a 6% loan interest compounded monthly. How much will she be paying monthly for the home? (Round up your answer}. Select one: Q A. Fill/12,145 O B. FIB/12,698 O C. RM1,988 O D. RM3,542 Based on the following information, calculate the standard deviation of the returns on the stock. State of Probability of Rate of Return Economy State of Economy if State Occurs Boom 0.28 17% Normal 0.72 11% Select one: O A. 2.69% O B. 3.82 % O C. 3.19% O D. 2.57 %Calculate the coefficient of variation of CLS stock if its expected return and standard deviation are 13.61% and 3.28%. Select one: O A. 0.33 O B. 0.86 O C. 0.57 O D. 0.24What is the future value of RM100 deposited today in FIVE (5) years if the interest rate is 12% per year? Select one: O A. RM157.35 O B. RM140.49 O RM112.00 O D. RM176.23If a firm's average collection period is 40 days, and the projected sales for the months of June, July and August 2022 are respectively, RM3,300, RM4,200, and RM2,700, what would be the total collection from sales in August 2022? [Assume 30 days in a month] Select one: O A. RM3,800 O B. RM3,600 O C. RM1,000 D. RM2,800Suppose the average collection period (ACP) of a firm falls from 45 days to 25 days and the firm has annual (365 days) sales of RM14.6 million. How will the firm's receivables change? Select one: O Fall by RM800,000. O B. Rise by RM800,000. O C. Fall by RM40,000. O D. Rise by RM40,000.If the price of a condominium is RM350,000, how much is the monthly rental if the interest rate for its loan is 12%? [Assume the rental rate remains the same forever] Select one: 0 A. RM2,050 O B. RM2,550 O C. RM3,050 O D. RM3,500 Portfolio Y is made up of RM9,000 in Security A with the beta of (1?, and RM5.DDD in Security B with the beta of1.4. What is Portfolio Y's beta? Select one: Q A. 5.45 1.15 The Sunrise Company uses 150,000 gallons of acid per month. The cost of carrying the chemical in inventory is RMO.50 per gallon per year, and the cost of ordering the chemical is RM150 per order. The firm uses the chemical at a constant rate throughout the year. It takes 18 days to receive an order once it is placed. What is the inventory reorder point? Select one: o A. 90,000 gallons 0 B. 25,000 gallons 0 C. 105,000 gallons 0 0. 7.500 gallons The risk-free rate of return is 4%, whereas the expected market return is 12%. Portfolio X is fairly priced and has the expected return of 16%. Based on CAPM, what is the portfolio X's beta? Select one: 0 A. 0.67 O B. 1.5 What is the interest rate for RM10,000 to grow into RM15,000 in 10 years? Select one: O A. 4.82% O 4.50% O C. 5.14% O D. 4.14%A firm sells 16 units of an item each day. The carrying cost per unit is RM1.15 and the fixed costs per order are RM3. What is the EOQ of the firm? (Assume 360 days per year) Select one: O A. 155 O B. 180 O C. 173 O D. 115