Question 13

Windsor Ltd is considering a project, which will involve the following cash inflows and (out) flows: Rs. '000 Initial Outlay (400) After 1 Year 40 After 2 Years 300 After 3 Years 300 What will be the NPV (net present value) of this project if a discount rate of 15% is used? Question 14You are looking for a market anomaly and have come across the following situation. GBP Libor quote 3 months 1.0000% 6 months 1.0000% 9 months 1.0000% 12 months 1.0000% (a) Calculate the 3 v 6, 6 v 9 and 9 v 12 month forward rates implied by these quoted rates, giving your answers as a percentage to 4 decimal places, as in the question. (4 marks) (b) Explain the relationship between the Libor quotes and the forward rates calculated in part (a). Use calculations where you think appropriate.

1.What kind of error would it be to write the revenue expenditure as the capital expenditure and the capital account as the revenue account?

2.What is the main limitation of the trial balance?

3.What is the formula for the calculation of the adjusted purchase?

4._________ is an exclusive grant from the federal government that allows an artistic or published work to be reproduced and sold by the owner.

5.What's the cost of research and development (R&D)?

6._______ is the value of all the beneficial attributes associated with an organization that is not attributable to any other specific asset.