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(Papers) ACET Paper June 2015 "ST2 Life Insurance"

Q.1

(Papers) ACET Paper June 2015 "CT7 Economics"

Q.1 A firm is producing 100 units of output using L units of labour and K units of capital where marginal productivity of capital (MPK) equals 4 and marginal productivity of labour(MPL) equals 10. The prices of capital and labour are Rs.3 and Rs.5 respectively. To produce the existing output at minimum cost, the firm should use

(Papers) ACET Paper June 2015 "CT8 Financial Economics"

Q.1 Consider a Zero-coupon corporate bond that promises to pay a return of 8 % next period. Suppose that there is a 10% chance that the company will default on the bond payment, in which case there is an equal chance of receiving a return of 4% or 0%.

a) Calculate values for the following measures of investment risk:

(Papers) ACET Paper June 2015 "CT5 General Insurance, Life and Health Contingencies"

(Papers) ACET Paper June 2015 "CT4 Models"

Q.A1 Two trains 2301 and 2401 stop at Dadar and go to Churchgate. I am waiting at Dadar. 2301 is a “fast” train and has fewer stops and hence takes lesser time. Both the trains arrive at Dadar in accordance with independent Poisson processes with parameters 5 per hour and 1 per hour respectively.

(Papers) ACET Paper June 2015 "CT3 Probability and Mathematical Statistics"

(Papers) ACET Paper June 2015 "CT2 Finance and Financial Reporting"

Q.1 Which of the following forms of capital should prove the cheapest for a company to finance in the long term?

(Papers) ACET Paper June 2015 "CT1 Financial Mathematics"