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FIN2601 Assignment 1 Semester 2 2024

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FIN2601 Assignment 1 Semester 2 2024 QUESTIONS WITH ANSWERS

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  • August 26, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
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FIN2601 Assignment 1
Semester 2 2024
QUESTIONS WITH COMPLETE ANSWERS




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, FIN2601 Assignment 1 Semester 2 2024




Question 1

Which of the following statements are correct if a company focuses on profits as financial goal?

a) Risk is ignored.

b) The share price is ignored.

c) The size of the investment required to generate the profit is ignored.

1. a and b

2. c and a

3. b and c

4. a, b and c

Question 2

Which one of the following best describes a capital market?

1. A financial relationship created by institutions and arrangements that allow suppliers and

demanders of short-term funds to make transactions.

2. An intangible market for the purchase and sale of securities not listed on organised exchanges.

3. A market that allocates funds to their most productive uses as a result of competition among

wealth-maximising investors.

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