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mac2602 assignment 4 2023

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Dashboard / Courses / UNISA / 2023 / Semester 1 / MAC2602-23-S1 / Welcome Message / Assessment 4

Started on Thursday, 4 May 2023, 10:25 AM
State Finished
Completed on Thursday, 4 May 2023, 10:49 AM
Time taken 24 mins 19 secs
Marks 41.00/50.00
Grade 82.00 out of 100.00


Question 1
Correct

Mark 3.00 out of 3.00




The following information about No-Waste Limited is available:

The market interest rate of similar debentures is 18% (pre-tax)
Debentures mature in 10 years’ time and the coupon rate thereon is 14%

Tax rate is 28%

REQUIRED:
Calculate the After tax cost of debt of No-Waste Limited. [Round your final answer to two decimal places.]

(a) 10,08%
(b) 14,00%

(c) 12,96%

(d) 12,43%




Select one:
a. 12,96% 

b. 14,00%

c. 12,43%

d. 10,08%

,Question 2

Incorrect

Mark 0.00 out of 3.00


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2. The following information has been given to you. What is the best estimate of cash flow?
Dashboard / Courses / UNISA / 2023 / Semester 1 / MAC2602-23-S1 / Welcome Message / Assessment 4
R million

Operational profit 400
Depreciation 140

Finance charges 30

Capital expenditure to sustain operations 180

Tax 90

Repayment of borrowings 100
Equity dividend 60



(a) R80 million
(b) R140 million
(c) R180 million

(d) R240 million




Select one:
a. R240 million

b. R80 million 

c. R140 million

d. R180 million

, Question 3

Correct

Mark 3.00 out of 3.00


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Dashboard / Courses / UNISA / 2023 / Semester 1 / MAC2602-23-S1 / Welcome Message / Assessment 4




Select one:

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