1. A government bond issued in Germany has a coupon rate of 5%, a face value of 100
euros, and matures in five years. The bond pays annual interest payments. Calculate the
price of the bond (in euros) if the yield to maturity is 3.5%.
1. The role of the manager is to:
A. Maximise firm profits
B. Minimise risk
C. Optimise the time pattern of consumption of the shareholders
D. Maximise shareholder value
2. Of the following list, which is a stakeholder?
I) Employee; II) Custom
Making PowerPoint Slides
Avoiding the Pitfalls
of Bad Slides
Tips to be Covered
Spelling and Grammar
Make your 1st or 2nd slide an outline of your
Exit P/E method
Calculate earnings per share using method given on slides (forecast each line item)
Use an average exit P/E (can look at historic averages for the company) to estimate your terminal
value (exit p/e x final year forecast
Implied Forward Rates
6-mo T-bill Yield = 5.0%
1-yr T-bill Yield = 5.2%
These are Bond Equivalent Yields and are found in the newspaper or online.
The semiannual yield are 2.5% and 2.6% (YTM/2)
If you have funds to invest for one year, which is the better
USE THE INFORMATION BELOW FOR THE FOLLOWING QUESTIONS 1
Suppose you are a loan officer for a commercial bank and one of your
clients has just approached you about a one-year loan for $4,000,000.
Interest on the new loan will be paid at
You work for an insurance company and a client phones in. Their insurance policy has
been cancelled due to non-payment. The client has paid the account and
understandably very angry and upset.
Phone rings .
You: Good morning, this is Siyanda spe
Short-Term Energy Outlook Real and Nominal Prices, April 2015
Imported Crude Oil Prices (Annual)
Imported Crude Oil Prices (Quarterly)
Imported Crude Oil Prices (Monthly)
Motor Gasoline Regular Grade Retail Prices (Annual)
Motor Gasoline Regular Grade Ret
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