1. How does the notion of risk and return govern financial managers? What are the major assumptions of modern portfolio theory as postulated by Harry Markowitz? What refinements does the CAPM provide?
2. What are the major sources of short term finance in less developed countries? What are the advantages and disadvantages of these sources? In choosing a source of short term finance, what factors should you be concerned with?
3. Briefly outline the major factors/variables you should take into consideration in the management of a company's current assets. Why should the management of current assets take up more of a finance managers' time than the management of fixed assets?