Free CIMA CIMAPRO19-F03-1-ENG Exam Questions

Absolute Free CIMAPRO19-F03-1-ENG Exam Practice for Comprehensive Preparation 

  • CIMA CIMAPRO19-F03-1-ENG Exam Questions
  • Provided By: CIMA
  • Exam: F3 Financial Strategy
  • Certification: CIMA Professional Qualification
  • Total Questions: 305
  • Updated On: Sep 24, 2026
  • Rated: 4.9 |
  • Online Users: 610
Page No. 1 of 61
Add To Cart
  • Question 1
    • A company has:
       • $6 million market value of equity
      • $4 million market value of debt
       • WACC of 11.04%
       • Corporate income tax rate of 20%
      According to Modigliani and Miller's theory of capital structure with tax, what is the ungeared cost of equity?

      Answer: A
  • Question 2
    • A listed company in a high growth industry, where innovation is a key driver of success has always operated a
      residual dividend policy, resulting in volatility in dividends due to periodic significant investments in research
      and development.
      The company has recently come under pressure from some investors to change its dividend policy so that
      shareholders receive a consistent growing dividend. In addition, they suggested that the company should use
      more debt finance.
      If the suggested change is made to the financial policies, which THREE of the following statements are true?

      Answer: A,B
  • Question 3
    • A company is planning to issue a 5 year $100 million bond at a fixed rate of 6%.
      It is also considering whether or not to enter into a 10 year $100 million swap to receive 5% fixed and pay
      Libor + 1% once a year.
      The company predicts that Libor will be 4% over the life of the 5 years.
      What is the impact of the swap on the company's annual interest cost assuming that
      the Libor prediction is correct? 

      Answer: C
  • Question 4
    • Company J is in negotiations to acquire Company K and believes it can turn around Company K's
      performance to match its own.
      The following information is available for the two companies:


      27


      Select the maximum price for each share that Company J should place on Company K during negotiations.  

      Answer: C
  • Question 5
    • M is an accountant who wishes to take out a forward rate agreement as a hedging instrument but the company treasurer has advised that a short-term interest rate future would be a better option. Which of the following is true of a short-term interest rate future?

      Answer: C
PAGE: 1 - 61
Add To Cart

© Copyrights DumpsEngine 2026. All Rights Reserved

We use cookies to ensure your best experience. So we hope you are happy to receive all cookies on the DumpsEngine.