OUESTION FOUR (10 MARKS)(OPTIONAL) (a) Discuss any FOUR roles of financial securities exchange...
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Accounting
OUESTION FOUR MARKSOPTIONAL
a Discuss any FOUR roles of financial securities exchange in the economic development of acountry. marks
bMount Elgon ltd purchased a kshs million face value bond for kshs million in February The bond matures in years and pays a coupon of kshs at the end of the year. Mount Elgon ltd decided to sell the bond in November for shs million. What will be the required rate of return earned by the company on selling the bond marks
cDiscuss any THREE types of financial crisis which can be experienced in the global sector. marks
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