1. What factor is mainly responsible for the change in Tesco’s ROA over this period?
2. What is meant by the phrase: “Although it is not necessary to understand finance in order to understand these axioms, it is necessary to understand these axioms in order to understand finance”?
3. ABC , has raised Rs. 5 Million through an issue of 9% bond. Each bond has a face value of Rs. 500 and 10 years term to maturity. As per the terms of the issue each bond is redeemable in four equal installment starting from the end of 7th Year. You are required to find out the price of the bond if YTM is 13%.