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AAFM Exam CWM_LEVEL_2 Topic 4 Question 21 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam
Question #: 21
Topic #: 4
[All CWM_LEVEL_2 Questions]

Section C (4 Mark)

Read the senario and answer to the question.

If Saxena's debentures have a balance maturity period of 15 years &the coupons are payable annually, what should be the market valuation of these debentures, if risk free interest rate is taken as the required IRR?

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Suggested Answer: C

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