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ACCA INTERIM ASSESSMENT

2012

Time allowed Reading and planning: 15 minutes Writing: 3 hours

ALL FOUR questions are compulsory and MUST be attempted

Formulae Sheet, Present Value and Annuity Tables are on pages 3, 4 and 5. Do NOT open this paper until instructed by the supervisor. During reading and planning time only the question paper may be annotated. You must NOT write in your answer booklet until instructed by the supervisor. This question paper must not be removed from the examination hall.

Kaplan Publishing/Kaplan Financial

Paper F9

Financial Management

ACCA F9 FINANCIAL MANAGEMENT

© Kaplan Financial Limited, 2012 The text in this material and any others made available by any Kaplan Group company does not amount to advice on a particular matter and should not be taken as such. No reliance should be placed on the content as the basis for any investment or other decision or in connection with any advice given to third parties. Please consult your appropriate professional adviser as necessary. Kaplan Publishing Limited and all other Kaplan group companies expressly disclaim all liability to any person in respect of any losses or other claims, whether direct, indirect, incidental, and consequential or otherwise arising in relation to the use of such materials. All rights reserved. No part of this examination may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without prior permission from Kaplan Publishing.

2

KAPLAN PUBLISHING

FORMULAE AND TABLES

FORMULAE SHEET Economic order quantity =
2C o D CH

Miller-Orr Model Return point = Lower limit + (
1 × spread) 3
1 3

3 × Transactio n cost × Variance of cash flows Spread = 3 4 Interest rate

The Capital Asset Pricing Model E(r)j = Rf + βj (E(rm) – Rf)

The asset beta formula βa =
Ve βe ( Ve + Vd (1 - T ))
+

Vd (1 - T ) βd ( Ve +...

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