Section A (1 Mark)
Employees Provident Fund is applicable to firms employing over _______________ employees

Section A (1 Mark)
Technical analysis differs from fundamental analysis because technical analysis:

Section B (2 Mark)
To pay for new equipment with a cash price of Rs7500, you need to borrow at 5.3% compounded monthly, then make monthly payments for 32 months. How many fewer months would it take to pay back the loan if you had also saved Rs600 to pay at the end?

Section B (2 Mark)
You are considering the purchase of a quadruplex apartment. Effective gross income (EGI) during the first year of operations is expected to be Rs33,600 (Rs700 per month per unit). First-year operating expenses are expected to be Rs. 13,440 (at 40 percent of EGI). Ignore capital expenditures. The purchase price of the quadruplex is Rs. 200,000. The acquisition will be financed with Rs60,000 in equity and a Rs. 140,000 standard fixed-rate mortgage. The interest rate on the debt financing is eight percent and the loan term is 30 years. Assume, for simplicity, that payments will be made annually and that there are no up-front financing costs.
What is the overall capitalization rate?

Section A (1 Mark)
The covariance of market's returns and stock returns is 0.005. The standard deviation of market's return is 5%.
What is the stock's beta?