CIMA CIMAPRA19-F03-1 Certification Exam Dumps - CIMAPRA19-F03-1 Intereactive Testing Engine

BTW, DOWNLOAD part of Real4test CIMAPRA19-F03-1 dumps from Cloud Storage: https://drive.google.com/open?id=13sgAKx9rJqwVnX-SQVRgWUVjT0unhAQR

Real4test offers a complete F3 Financial Strategy (CIMAPRA19-F03-1) practice questions in PDF format. This CIMA CIMAPRA19-F03-1 test questions pdf file format is simple to use and can be accessed from any device, including a desktop, tablet, laptop, Mac, or smartphone. No matter where you are, you can learn on the go. The PDF version of the F3 Financial Strategy (CIMAPRA19-F03-1) exam questions is also readily printable, allowing you to keep tangible copies of the F3 Financial Strategy (CIMAPRA19-F03-1) questions with you at all times.

CIMA CIMAPRA19-F03-1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Sources of Long-term Funds25%- Capital structure theories and WACC
  • 1. Modigliani-Miller propositions
  • 2. Cost of capital calculation
- Debt finance
  • 1. Bonds, loans, convertible instruments
  • 2. Leasing and sale-and-leaseback
- Dividend policy and distribution strategies
- Equity finance
  • 1. Flotation and listing methods
  • 2. Ordinary shares, preference shares, rights issues
Topic 2: Financial Risks20%- Risk measurement and assessment
  • 1. Value-at-Risk, sensitivity analysis
- Types of financial risk
  • 1. Interest rate risk
  • 2. Foreign exchange risk
  • 3. Credit and liquidity risk
- Risk reporting and governance
- Risk management techniques
  • 1. Derivatives: futures, forwards, swaps, options
  • 2. Hedging strategies
Topic 3: Business Valuation40%- Valuation methods
  • 1. Relative valuation: P/E, EV/EBITDA
  • 2. Asset-based valuation
  • 3. Discounted cash flow (DCF)
- Impairment testing and value management
- Investment appraisal
  • 1. NPV, IRR, payback, discounted payback
  • 2. Adjusted present value (APV)
- Mergers, acquisitions and divestments
  • 1. Financing and post-deal integration
  • 2. Valuation of target companies
Topic 4: Financial Policy Decisions15%- Strategic financial objectives and stakeholder impact
  • 1. ESG and ethical influences
  • 2. Financial objective setting
  • 3. Taxation and regulatory framework
- Interaction between investment, financing and dividend decisions

>> CIMA CIMAPRA19-F03-1 Certification Exam Dumps <<

CIMAPRA19-F03-1 Intereactive Testing Engine - New CIMAPRA19-F03-1 Exam Pattern

Real4test CIMA CIMAPRA19-F03-1 exam questions are compiled according to the latest syllabus and the actual CIMAPRA19-F03-1 certification exam. We are also constantly upgrade our training materials so that you could get the best and the latest information for the first time. When you buy our CIMAPRA19-F03-1 Exam Training materials, you will get a year of free updates. At any time, you can extend the the update subscription time, so that you can have a longer time to prepare for the exam.

CIMA F3 Financial Strategy Sample Questions (Q182-Q187):

NEW QUESTION # 182
Which THREE of the following are benefits of integrated reporting?

Answer: B,D,E


NEW QUESTION # 183
Company A is unlisted and all-equity financed. It is trying to estimate its cost of equity.
The following information relates to another company, Company B, which operates in the same industry as Company A and has similar business risk:
Equity beta = 1.6
Debt:equity ratio 40:60
The rate of corporate income tax is 20%.
The expected premium on the market portfolio is 7% and the risk-free rate is 5%.
What is the estimated cost of equity for Company A?
Give your answer to one decimal place.

Answer:

Explanation:
? %
A. 12.3, 12.30Company B's equity beta = 1.6, D:E = 40:60, tax = 20%.Ungear B's beta to get the asset beta:#A=#E×EE+D(1#T)=1.6×6060+40(1#0.2)=1.6×6060+32=1.6×6092=1.6×1523=2423#1.04\beta_A
= \beta_E \times \frac{E}{E + D(1-T)} = 1.6 \times \frac{60}{60 + 40(1-0.2)} = 1.6 \times \frac{60}
{60+32} = 1.6 \times \frac{60}{92} = 1.6 \times \frac{15}{23} = \frac{24}{23} \approx 1.04
#A=#E×E+D(1#T)E=1.6×60+40(1#0.2)60=1.6×60+3260=1.6×9260=1.6×2315=2324#1.04 Company A is all-equity, so its equity beta = asset beta = 1.04.Use CAPM:Ke=Rf+#(Rm#Rf)=5%+1.0435×7%#5%
+7.30%=12.3%K_e = R_f + \beta (R_m - R_f) = 5\% + 1.0435 \times 7\% \approx 5\% + 7.30\% = 12.3
\%Ke=Rf+#(Rm#Rf)=5%+1.0435×7%#5%+7.30%=12.3%
B. 12.3%


NEW QUESTION # 184
Company C has received an unwelcome takeover bid from Company P.
Company P is approximately twice the size of Company C based on market capitalisation.
Although the two companies have some common business interests, the main aim of the bid is diversification for Company P.
The offer from Company P is a share exchange of 2 shares in Company P for 3 shares in Company C.
There is a cash alternative of $5.50 for each Company C share.
Company C has substantial cash balances which the directors were planning to use to fund an acquisition.
These plans have not been announced to the market.
The following share price information is relevant. All prices are in $.

Which of the following would be the most appropriate action by Company C's directors following receipt of this hostile bid?

Answer: D


NEW QUESTION # 185
RR has agreed to sell goods to XX for S20.000 XX will pay when the goods are delivered in 6 months time. RR's home currency is the £- The current exchange rate is 4.3 £/S. The projected inflation rate for the S is 2.8%, and for the E 4 6%.
When RR receives payment for its goods, what will the value be to the nearest pound?

Answer: A


NEW QUESTION # 186
Two companies that operate in the same industry have different Price/Earnings (P/E) ratios as follows:
Which of the following is the most likely explanation of the different P/E ratios?

Answer: C


NEW QUESTION # 187
......

As one of the most professional dealer of practice materials, we have connection with all academic institutions in this line with proficient researchers of the knowledge related with the CIMAPRA19-F03-1 Practice Exam to meet your tastes and needs, please feel free to choose. We want to specify all details of various versions. You can decide which one you prefer, when you made your decision and we believe your flaws will be amended and bring you favorable results even create chances with exact and accurate content.

CIMAPRA19-F03-1 Intereactive Testing Engine: https://www.real4test.com/CIMAPRA19-F03-1_real-exam.html

DOWNLOAD the newest Real4test CIMAPRA19-F03-1 PDF dumps from Cloud Storage for free: https://drive.google.com/open?id=13sgAKx9rJqwVnX-SQVRgWUVjT0unhAQR