BTW, DOWNLOAD part of TestInsides CIMAPRA19-F03-1 dumps from Cloud Storage: https://drive.google.com/open?id=1aX59uPKn8LTT_5Ft1ASc9aY8Ta9Zvz8s
We offer free demos as your experimental tryout before downloading our real CIMAPRA19-F03-1 exam questions. For more textual content about practicing exam questions, you can download our products with reasonable prices and get your practice begin within 5 minutes. After getting to know our CIMAPRA19-F03-1 Test Guide by free demos, many exam candidates had their volitional purchase. So our CIMAPRA19-F03-1 latest dumps are highly effective to make use of.
| Certification Vendor: | CIMA (Chartered Institute of Management Accountants) |
|---|---|
| Exam Name: | Financial Strategy |
| Exam Number: | F3 |
| Exam Price: | £165 / $215 USD (varies by region) |
| Certificate Validity Period: | 3 years |
| Available Languages: | English |
| Passing Score: | 100 out of 150 scaled score (~67%) |
| Exam Duration: | 90 minutes |
| Exam Format: | Fill-in-the-blank, Computer-based objective test, Multiple response, Drag-and-drop, Multiple choice |
| Real Exam Qty: | 60 |
| Related Certifications: | E3 Strategic Management P3 Risk Management Strategic Case Study Exam |
| Recommended Training: | CIMA Official Study Resources |
| Exam Registration: | CIMA Official Registration Pearson VUE Booking |
| Sample Questions: | CIMA CIMAPRA19-F03-1 Sample Questions |
| Exam Way: | Onsite at Pearson VUE centres or online remote proctored |
| Pre Condition: | Completion of CIMA Management Level or relevant exemptions; must pass before Strategic Case Study |
| Official Syllabus URL: | https://www.cimaglobalhub.org/qualifications/professional-qualification/strategic-level/f3-financial-strategy |
>> CIMAPRA19-F03-1 Visual Cert Exam <<
That is the reason TestInsides has compiled a triple-formatted CIMAPRA19-F03-1 exam study material that fulfills almost all of your preparation needs. The CIMA CIMAPRA19-F03-1 Practice Test is compiled under the supervision of 90,000 CIMA professionals that assure the passing of the F3 Financial Strategy (CIMAPRA19-F03-1) exam on your first attempt.
CIMA F3 certification exam is divided into two parts: objective test and case study. The objective test consists of 60 multiple-choice questions that cover the key concepts and theories of financial management. The case study part of the exam is designed to test the candidate's ability to apply these concepts and theories to real-world scenarios. The case study exam consists of four to five questions that are based on a given scenario.
NEW QUESTION # 262
The directors of a financial services company need to calculate a valuation of their company's equity in preparation for an upcoming initial Public Offering (IPO) of shares. At a recent board meeting they discussed the various methods of business valuation.
The Chief Executive suggested using a Price-earing (P./E) method of valuation, but the finance Director argued that a valuation based on forecast cash flows to equity would be more appropriate.
Which THREE of the following are advantages of valuation based on forecast cash flows to equity, compared to a valuating using a price earnings methods?
Answer: A,C,E
Explanation:
We're comparing valuation using forecast cash flows to equity (DCF / FCFE) vs P/E multiple:
A). Using cash is theoretically superior to using profits - True. Valuation theory (and CIMA F3) say value is based on cash flows, not accounting profits. Cash flow-based valuation is more theoretically robust than P/E- based (profit-based) methods.
B). It gives an estimate of the likely shareholder value that will be created - True. Discounting forecast cash flows to equity gives a direct estimate of the present value of future benefits to shareholders, i.e. shareholder value. A P/E multiple is more of a relative/comparative shortcut.
D). It incorporates the time value of money - True. DCF explicitly discounts future cash flows back to present value at the cost of equity. A simple P/E multiple does not explicitly model timing.
Not correct:
C - DCF is more complex, not simpler.
E - You still need long-term growth assumptions (terminal value), so it does not avoid growth forecasting problems.
NEW QUESTION # 263
A listed entertainment and media company produces and distributes films globally. The company invests heavily in intellectual property in order to create the scope for future film projects. The company has five separate distribution companies, each managed as a separate business unit The company is seeking to sell one of its business units in a management buy-out (MBO) to enable it to raise finance for proposed new investments The business unit managers have been in discussions with a bank and venture capitalists regarding the financing for the MBO The venture capitalists are only prepared to invest a mixture of debt and equity and have suggested the following:
The venture capitalists have stated that they expect a minimum return on their equity investment of 3Q°/o a year on a compound basis over the first 5 years of the MBO No dividends will be paid during this period.
Advise the MBO team of the total amount due to the venture capitalist over the 5-year period to satisfy their total minimum return?
Answer: C
NEW QUESTION # 264
G purchased a put option that grants the right to cap the interest on a loan at 10.0%. Simultaneously, G sold a call option that grants the holder the benefits of any decrease if interest rates fall below 8.5%.
Which THREE possible s would be consistent with G's behavior?
Answer: A,B,C
NEW QUESTION # 265
Company B is an all equity financed company with a cost of equity of 10%.
It is considering issuing bonds in order to achieve a gearing level of 20% debt and 80% equity.
These bonds will pay a coupon rate of 5% and have an interest yield of 6%.
Company B pays corporate tax at the rate of 25%.
According to Modigliani and Miller's theory of capital structure with tax, what will be Company B's new cost of equity?
A)
B)
C)
D)
Answer: B
NEW QUESTION # 266
A company wishes to raise new finance using a rights issue to invest in a new project offering an IRR of
10%
The following data applies:
* There are currently 1 million shares in issue at a current market value of $4 each.
* The terms of the rights issue will be $3.50 for 1 new share for 5 existing shares.
* The company's WACC is currently 8%.
What is the yield-adjusted theoretical ex-rights price (TERP)?
Give your answer to 2 decimal places.
$ ?
Answer:
Explanation:
4.06, 4.060
NEW QUESTION # 267
......
New CIMAPRA19-F03-1 Test Simulator: https://www.testinsides.top/CIMAPRA19-F03-1-dumps-review.html
What's more, part of that TestInsides CIMAPRA19-F03-1 dumps now are free: https://drive.google.com/open?id=1aX59uPKn8LTT_5Ft1ASc9aY8Ta9Zvz8s