快速查題-ACCA英國注冊會計師試題

The net present value of an investment at 12% is $24,000, and at 20% is -$8,000. What is the internal rate of return of this investment?

A capital investment project has an initial investment followed by constant annual returns.How is the payback period calculated?

A machine has an investment cost of $60,000 at time 0. The present values (at time 0) of the expected net cash inflows from the machine over its useful life are：

Discount rate???????????? Present value of cash inflows

10%?????????????????????????????????????? ?$64,600

15%????????????????????????????????????????$58,200

20%???????????????????????????????????? ? $52,100

What is the internal rate of return (IRR) of the machine investment?

An investment project has a positive net present value (NPV) of $7,222 when its cash flows are discounted at the cost of capital of 10% per annum. Net cash inflows from the project are expected to be $18,000 per annum for five years. The cumulative discount (annuity) factor for five years at 10% is 3.791.What is the investment at the start of the project?

Which of the following accurately defines the internal rate of return (IRR)?

An investment project has the following discounted cash flows ($'000)：

????????????????????? Year??????????????????????? ???????????????? ?Discount rate

????????????????????????????????????????????????????? 0%????????????????????? ?10%????????????????? ?20%

??????????????????????? 0??????????????????????????? 90? ?????????????????????? 90????????????????????? 90?

????????????????????????1???????????????????????? ?? 30???????????????????????? 27.3???????????????????? 25.0

??????????????????????? 2?????????????????????????? ??30??????????????????????? 24.8??????????????????? 29.8

?????????????????????? ?3???????????????????????????? 30??????????????????????? 22.5????? ????????????? 17.4

?????????????????????? ?4???????????????????????????? 30???????????????????????20.5?????????????????????14.5

?????????????????????????????????????????????????????? 30?????????????????????? 5.1??????????????????????(12.3)

The required rate of return on investment is 10% per annum. What is the discounted payback period of the investment project

What is the effective annual rate of interest of 2.1% compounded every three months?

If the interest rate is 8%, what would you pay for a perpetuity of $1,500 starting in the nearest $)

How much should be invested now (to the nearest $) to receive $24,000 per annum in perpetuity if the annual rate of interest is 5%?

The following question is taken from the June 2012 exam paper.An investor has the choice between two investments. Investment Exe offers interest of 4% per year compounded semi-annually for a period of three years. Investment Wye offers one interest payment of 20% at the end of its four-year life.What is the annual effective interest rate offered by the two investments?