Section A (1 Mark)
The effect on a bond portfolio's value of a decrease in yield would be most accurately estimated by using:

Section A (1 Mark)
Which of the following is an investment analysis approach to determine real estate values?

Section B (2 Mark)
Shiva Industries Ltd. earns Rs. 2 per share and distributes 40% of its earnings as cash dividends. Its dividends grew annually at 7%. What will be the stock's price if the required rate is 10%?

Section C (4 Mark)
Read the senario and answer to the question.
Assume the following additional facts:
The Shankers have purchased a homeowner's policy (comprehensive) covering 100% of the replacement cost of their residence. This policy has a Rs. 500 deductible. Also, they have purchased a disability income policy with a 30-day elimination period and an any-occupation definition of disability.
What actions should the Shankers consider in order to improve the quality of the insurance program described above?

Section A (1 Mark)
Which one of the following definitions of hedge fund strategies is not correct?