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NEW QUESTION: 1
Rehan Gates has in issue 10% debentures of a nominal value of $100. The market price is $90 ex interest.
Ignoring taxation, calculate the cost of this capital if the debenture is redeemable at par after 10 years.
A. 10.20%
B. 14.00%
C. 11.10%
D. 11.76%
Answer: D
NEW QUESTION: 2
A forward/forward FX swap:
A. is a contract by which the maturity of a regular FX swap can be extended at an historic (noncurrent) rate
B. is a transaction by which a maturing outright forward FX is prolonged at an historic (non-current) rate
C. is a swap transaction where the near leg is traded either value today or value tomorrow and the far leg is traded spot
D. is a swap that does not start spot and where both the near and the far leg are traded forward
Answer: D
NEW QUESTION: 3
How many diamond shapes can appear in a well-defined activity diagram?
A. an even number
B. exactly two
C. an odd number
D. any number
Answer: D