FAMILY NAME.………….....………………………….
This question paper must be returned. Candidates are not permitted to remove any part of it from the examination room.
OTHER NAMES…………….…………………..……..
STUDENT NUMBER………….………..……………..
MID-YEAR EXAMINATIONS 2011
Unit: ACCG252: Applied Financial Analysis and Management
Date: Tuesday 14th June 2011 at 8:50am
Time Allowed: 3 hours plus 10 minutes reading time.
Total Number of Questions: 30 Multiple Choice Questions plus 9 full response questions. Instructions:
1. PART A (30 marks): There are 30 multiple choice questions. Answers to these must be recorded on a red-coloured General Purpose Answer Sheet which will be marked by a computer. Please make sure your name is on this sheet.
2. PART B (60 marks): There are 9 questions. Attempt all questions. Show all working. Write answers in the spaces provided.
Materials Permitted:
No dictionaries are permitted.
A non-programmable calculator (no text retrieval capacity) is permitted.
Financial calculators may be used.
This is a closed book examination. No books, notes or formulae sheets are allowed.
Part B
Question
Out of
1
9
2
6
3
4
4
9
5
6
6
6
7
8
8
4
9
8
Total
60
Mark
1(34)
PART A (30 Marks)
There are thirty (30) multiple choice questions. Please select the most correct answer for each question. Each question in Part A is worth 1 mark. Record your answers on the red-coloured computer sheet.
1. The following table details an analyst's prediction of the p robabilities of different states of the market over the next year along with the forecast returns for Boral
Limited, a building materials company.
State
Very good
Good
Normal
Recession
Probability Return
0.1
21%
0.3
13%
0.4
9%
0.2
-9%
What is the expected return and standard deviation of returns on Boral?
A. 7.80% and 9.09%
B. 8.20% and 8.26%
C. 8.50% and 9.09%
D. 8.50% and 0.83%
E. 7.80% and