Business Finance - Study Mode

[#476] A company has issued 10% perpetual debt of Rs. 1 lac at 5% premium. If the tax rate is 30%, then the cost of debt will be
Correct Answer

(C) 6.66%

[#477] Under a flexible exchange rate regime, governments can retain monetary policy independence because the external balance will be achieved by
Correct Answer

(A) the exchange rate adjustments

[#478] Risk of a portfolio can be minimized by which one of the following?
Correct Answer

(B) Combining two securities having a perfect negative correlation in their expected returns

[#479] Which of the following methods of capital budgeting assumes that cash-inflows are reinvested at the project's rate of return?
Correct Answer

(C) Internal Rate of Return

[#480] By hedging a portfolio, a bank manager
Correct Answer

(A) reduces interest rate risk