Section B (2 Mark)
If one earns 10% on investment but inflation is 2%, real rate of return is

Section B (2 Mark)
A disadvantage of using swaps to control interest rate risk is that

Section A (1 Mark)
A cognitive heuristic in which decisions are made based on an initial 'anchor__________

Section B (2 Mark)
Actual Loss ratio is

Section B (2 Mark)
Mr. Jain is projecting an income stream providing Rs. 2,000/- for first 3 months, Rs. 3,200 for next 2 months, Rs. 4,500 for next 1 month, Rs. 3,700 for next 6 months and Rs. 800 for 2 months thereafter. EACH CASH FLOW starts from the beginning of the month. Please calculate the Present Value of this cash stream if rate of interest is 9 % per annum compounded monthly?