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To find X Mean
Total Inputs(N) =(5,20,40,80,100)
Total Inputs(N)=5
Mean(xm)= (x1+x2+x3...xn)/N
Mean(xm)= 245/5
Mean(xm)= 49
To find Y Mean
Total Inputs(N) =(10,20,30,40,50)
Total Inputs(N)=5
Mean(Ym)= (y1+y2+y3...yn)/N
Mean(Ym)= 150/5
Mean(Ym)= 30
To find Slope
Slope = (∑XY - N x X x Y)/(∑X2 - N x X)
= [(50+400+1200+3200+5000) - (5 x 30 x 49)]/[(25+400+1600+6400+10000) -(
5x492)]
= (9850 - 7350) /(18425 - 12005)
= 2500/6420
= 0.3894
A sum of Rs. 32800 is borrowed to be paid back in 2 years by two equal annual
installments allowing 5% compound interest. Find the annual payment.
a. 16470
b. 16740
c. 17460
d. 17640
Ans - d
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Explanation :
Here,
PV =?
P = Rs. 32800
T = 2 years
R = 5% = 0.05
PV = P / R * [(1+R)^T - 1]/(1+R)^T
A bond has been issued with a face value of Rs. 1000 at 8% Coupon for 3 years. The
required rate of return is 7%. What is the value of the bond?
a. 1062.25
b. 1625.25
c. 1026.25
d. 1052.25
Ans - c
Explanation :
Here,
FV = 1000
Coupon Rate (CR) = 0.08
t = 3 yr
R (YTM) = 0.07
Coupon = FV × CR = 80
Mr x is to receive Rs. 10000, as interest on bonds by end of each year for 5 years @ 5%
roi. Calculate the present value of the amount he is to receive.
a. 43925
b. 43295
c. 49325
d. 49235
Ans - b
Explanation :
Here,
P = 10000
R = 5% p.a.
T=5Y
PV = P / R * [(1+R)^T - 1]/(1+R)^T
A sack contains 4 black balls 5 red balls. What is probability to draw 1 black ball and 2
red balls in one draw ?
a. 12/21
b. 9/20
c. 10/21
d. 11/20
Ans – c
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Solution :
a. 14.25
b. 14.50
c. 14.75
d. 15.00
Ans - c
Solutions
=1+14%/4)^4-1
=1.035^4-1
=1.1475-1
=1475
=14.75%
.............................................
X opened a recurring account with a bank to deposit Rs. 16000 by the end of each year
@ 10% roi. How much he would get at the end of 3rd year?
a. 52960
b. 52690
c. 52069
d. 52096
Ans - a
Explanation :
Here,
P = 16000
R = 10% p.a.
T = 3 yrs
FV = P / R * [(1+R)^T - 1]
You will be receiving Rs. 204000 at the end of each year for the next 20 years. If the
current discount rate for such a stream of cash is 10%, find the present value of cash
flow.
a. 1736767
b. 1737667
c. 1738767
d. 1736767
Ans - d
Explanation :
Here,
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Since 204000 is like EMI. So, to find P, we use the formula of EMI
EMI = P * R * [(1+R)^T/(1+R)^T-1)]
a. 4.2568
b. 4.2658
c. 4.2856
d. 4.2865
Ans - c
Solution:
Mean = (7 + 9 + 8 + 6 + 7 + 12 + 10)/7
= 59/7
= 8.42857
variance = σ2
= 2.07019 x 2.07019
= 4.2856
.............................................
Suppose you deposit 2000/- each year for the next three years into an account that
pays 8%. How much will you have in 3 years?
a. 6492.80
b. 6758.62
c. 6521
d. 6120.52
Ans – a
Solution :
This sum is based on the Future value of annuity at the end of period.
A man borrowed a certain sum of money & paid it back in 2 years in two equal
installments. If the roi (compound) was 4% p.a. and if he paid back Rs. 676 annually,
what sum did he borrow?
a. 1725
b. 1525
c. 1275
d. 1575
Ans - c
Explanation :
Here,
PV =?
P = Rs. 676
T = 2 years
R = 4% = 0.04
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PV = P / R * [(1+R)^T - 1]/(1+R)^T
A bond has been issued with a face value of Rs. 20000 at 12% Coupon for 3 years. The
required rate of return is 10%. What is the value of the bond?
a. 20595
b. 29095
c. 25095
d. 20995
Ans - d
Explanation :
Here,
FV = 20000
Coupon Rate (CR) = 0.12
t = 3 yr
R (YTM) = 0.10
Coupon = FV × CR = 2400
You are receiving Rs. 10000 every year for the next 5 years (at the beginning of the
period) and you invest each payment @ 5%. How much you would have at the end of
the 5-year period?
a. 58109
b. 58019
c. 58091
d. 58190
Ans - b
Explanation :
Here,
P = 10000
R = 5% p.a.
T = 5 yrs
FV = P / R * [(1+R)^T - 1] * (1+R)
FV = 55256 × 1.05
= 58019
.............................................
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