Determine the present value of RM8500 compounded annually for 10 years at 15 percent

A. RM2,101.07

B. RM12,750.00

C. RM34,387.24

D. RM2,034.83

What is the present value factor of a RM1 cash flow to be received annually at the end of the next 3 years if the discount rate is 15 percent?

A. 1.859

B. 1.736

C. 1.626

D. 2.283

Common stockholders have which of the following right?

A. They can legally demand information from a corporation in which they are a shareholder and thus gain access to its book.

B. They can vote for the common shareholders cash dividend.

C. They can vote for the preferred shareholders cash dividend.

D. All of the Above

Common stockholders have the right to vote on which of the following?

A. Dissolution or consolidation of the corporation.

B. Selection of the board of directors.

C. Amendments to the corporate charter or by laws,

D. All of the above

Determine the rate of return on a RM10,000 investment that generated cashflows of RM1,740.64 per year for 8 years

A. 12 percent

B. 7 percent

C. 10 percent

D. 8 percent

Which of the following ratios will increase as a firm uses more financial leverage?

A. The time-interest-earned ratio

B. The debt-to-equity ratio

C. The inventory turnover

D. Both A and B

A 10 percent semi-annual bond with a YTM of 12 percent and 10 years to maturity has a price equal to

A. RM1051.65

B. RM1159.88

C. RM885.30

D. RM888.89