MI Ltd. has annual sales of ?365 lacs. The company has investment opportunities in the money market to earn a return of 15% per annum. If the company could reduce its float by 3 days, what would be the increase in company's total return? (Assume 1 year = 365 days)

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Syllabus for the paper: Section A : Investment decisions 25% 1. Investment Decisions, Project Planning and Control 2. Evaluation of Risky Proposals for Investment Decisions 3. Leasing Decisions Section B : Financial Markets and Institutions 20% 4. Institutions in Financial Markets 5. Instruments in Financial Markets 6. Capital Markets 7. Commodity Exchange Section C : security Analysis and portfolio Management 25% 8. Security Analysis & Portfolio Management Section D : Financial risk Management 30% 9. Financial Risks & Management 10. Financial Derivatives – Instruments for Risk... Show more

MI Ltd. has annual sales of ?365 lacs. The company has investment opportunities in the money market to earn a return of 15% per annum. If the company could reduce its float by 3 days, what would be the increase in company's total return? (Assume 1 year = 365 days)






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