MAC3702 The following is an extract from the statement of financial position at 31 March 2016. Notes Rand Equity and Liabilities Total equity 65 000 000 Ordinary share capital 1 40 000 000 Non-distributable reserves 15 000 000 Retained income 10 000 000 Non-current liabilities 26 500 000 12% Debentures 2 16 000 000 Long-term loan 3. 10 000 000 500 000 Deferred tax Current liabilities Trade payables Provisions Total equity and liabilities 2 500 000 1 900 000 600 000 of capital. 94 000 000 Ordway Notes 1. The historical average issue price of ordinary shares is 250 cents.. The latest known share price is 625 cents. Kingston Ltd has just declared and paid a dividend of 25 cents. In line with its stable annual growth, the company is expecting to declare a dividend of 28 cents for the year ended 31 March 2017. The government bonds (risk-free rate) currently yield 7%, and the company's beta is estimated at 1,2 while the market risk premium 7,9%. a practice ① Calculate the Market value & equity Calculate Lost F equity
MAC3702 The following is an extract from the statement of financial position at 31 March 2016. Notes Rand Equity and Liabilities Total equity 65 000 000 Ordinary share capital 1 40 000 000 Non-distributable reserves 15 000 000 Retained income 10 000 000 Non-current liabilities 26 500 000 12% Debentures 2 16 000 000 Long-term loan 3. 10 000 000 500 000 Deferred tax Current liabilities Trade payables Provisions Total equity and liabilities 2 500 000 1 900 000 600 000 of capital. 94 000 000 Ordway Notes 1. The historical average issue price of ordinary shares is 250 cents.. The latest known share price is 625 cents. Kingston Ltd has just declared and paid a dividend of 25 cents. In line with its stable annual growth, the company is expecting to declare a dividend of 28 cents for the year ended 31 March 2017. The government bonds (risk-free rate) currently yield 7%, and the company's beta is estimated at 1,2 while the market risk premium 7,9%. a practice ① Calculate the Market value & equity Calculate Lost F equity
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:MAC3702
The following is an extract from the statement of financial position at 31
March 2016.
Notes
Rand
Equity and Liabilities
Total equity
65 000 000
Ordinary share capital
1
40 000 000
Non-distributable reserves
15 000 000
Retained income
10 000 000
Non-current liabilities
26 500 000
12% Debentures
2
16 000 000
Long-term loan
3.
10 000 000
500 000
Deferred tax
Current liabilities
Trade payables
Provisions
Total equity and liabilities
2 500 000
1 900 000
600 000
of capital.
94 000 000
Ordway
Notes
1. The historical average issue price of ordinary shares is 250 cents..
The latest known share price is 625 cents. Kingston Ltd has just
declared and paid a dividend of 25 cents. In line with its stable annual
growth, the company is expecting to declare a dividend of 28 cents
for the year ended 31 March 2017.
The government bonds (risk-free rate) currently yield 7%, and the
company's beta is estimated at 1,2 while the market risk premium
7,9%.
a
practice
① Calculate the Market value & equity
Calculate
Lost
F
equity
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