The value of a 20 year zero-coupon bond when the market required rate of return is 9%
(semiannual) is _.
E. None of the above
$1,000/(1.045)40 = $171.93
Ted's Co. offers a zero coupon bond with an 11.3% yield to
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ABN Amro Bank NV v Chiyu Banking Corp Ltd & Others
Deputy Judge Kwan
ABN Amro Bank NV
Chiyu Banking Corp Ltd & Others
(Court of First Instance)
(Miscellaneous Proceedings No 2793 of 1999)
Deputy Judge Kwan in Chamber
Westlaw HK Delivery Summary
Request made by :
Request made on:
Thursday, 15 March, 2012 at 12:35 HKT
> . > Issue 29(11)
The statutory unfair prejudice remedy in
Hong Kong: Part 3
Topic 6 Unfair and Prejudice Remedy (section 724 CO)
(AF 3507 Company law Semester 2)
Intended learning outcomes: at the end of this seminar you will be able to explain the key legal
provisions, cases and rationales governing the unfair prejudice remedy,
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IPO Watch 2010
This Greater China IPO Watch provides
an overview of the initial public
offerings (IPOs) and listing activities on
Greater Chinas principal stock markets,
including Hong Kong, Shanghai,
Shenzhen and Taiwan. The ana
High Court makes iandrnarlrrrding hashing sec
sites company was intend to have pet ndsieariing
intermediate in its are hating prespeetns in sees
" 51621; a. " "
A Hong Kong-listed company has
been ordered to pay back more than
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Seminar - Topic 7 Debentures and Charges
(AF 3507 Company law Semester 3)
ILOs: at the end of this seminar you will be able to explain the HK legal principles on charges
and use this knowledge to participate actively in class discussion (ILOs a, c and e).
The rate of return on the common stock of Flowers by Flo is expected to be 14% in a boom
economy, 8% in a normal economy, and only 2% in a recessionary economy. The probabilities of
these economic states are 20% for a boom, 70% for a normal economy, and 1
14. a. Using the equation to calculate WACC, we find:
WACC = .098 = (1/1.8)(.14) + (.8/1.8)(1 .35)R D
RD= .0700 or 7.00%
b. Using the equation to calculate WACC, we find:
WACC = .098 = (1/1.8)RE+ (.8/1.8)(.062)
RE= .1268 or 12.68%
15. We will begin by fin
Which one of the following is a source of cash?
A. an increase in accounts receivable
B. an increase in fixed assets
C. a decrease in long-term debt
D. the payment of a cash dividend
E. an increase in accounts payable
Which of the following are uses of ca
9. Returns and Standard Deviations Consider the fo
2. Your portfolio is invested 30- percent each in A and C, and 40 percent in B. What
is the-expected return of the portfolio?
5. What is the variance of this portfoli
Finding the Capital Structure Fama’s Llamas has a weighted average cost of capital
of 9.8 percent. The company’s cost of equity is 13 percent, and its cost of debt is
6.5 percent. The tax rate is 35 percent. What is Fama’s debtu
Calculating Returns Suppose you bought a 6 percent coupon bond one year ago
for $1,040. The bond sells for $1,063 today.
'21. Assuming a $1,000 face value, What was your total dollar return on this invest—
ment over the past year?
i). What was
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The Weekly Law Reports
In re Spectrum Plus Ltd (HL(E)
15 July 2005
 3 WLR
House of Lords
sn re Spectrum Plus Ltd (in liquidation)
 UKHL 41
2005 April 25, 26, 27, 28;
Lord Nicholls of Birkenhead, Lord Steyn,
Lord Hope of Craighead,
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THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION.
If you are in any doubt as to the action you should take, you should immediately consult your
stockbroker, bank manager, solicitor, accountant or other independent professional adviser
AF3507: Company Law
Powers of Administration of the
Shareholders - Control of the Company
General powers of managing the affairs of a
company are vested in the board of directors unless
the CO or AA alloca
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no
responsibility for the contents of this announcement, make no representation as to its accuracy or
completeness and expressly disclaim any liability whatsoever fo
Seminar 2 Company Formation and Constitution
(AF 3507 Company law Semester 2)
Intended learning outcomes: at the end of this seminar you will be able to identify and explain
key case law and legal principles about company formation and constitution, and a
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