The Following Table Shows Representative Recent Closing Share Prices for a Small

question 16

Multiple Choice

The following table shows representative recent closing share prices for a small sample of companies based in India in January 2019. $$\begin{array} { | l | c | } \hline \text { COMPANY } & \text { CLOSING SHARE PRICE } \\\hline \text { 20 Microns } & 42.00 \\\hline \text { Kuantum Papers } & 467.95 \\\hline \text { Bank of MA } & 14.65 \\\hline \text { Photoquip } & 35.65 \\\hline \text { Saksoft } & 284.35 \\\hline \text { Marg LTD } & 15.10 \\\hline \text { Galaxy ENT } & 29.15 \\\hline \text { Sonatasoft } & 305.00 \\\hline \text { EDynamics } & 0.67 \\\hline \text { DB Corp. } & 179.00 \\\hline\end{array}$$ The mean closing share prices is

• A)$12.78
• B)$ 137.35
• C)$ 38.83
• D)$ 284.35
• E)$ 163.50

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Definitions:

Discount Rate

The interest rate used in discounted cash flow analysis to determine the present value of future cash flows.

Interest Rate

The cost of borrowing money, expressed as a percentage of the amount borrowed, or the return earned on invested funds.

Money Supply

The aggregate monetary assets within an economy at a certain instant, including cash, coins, and the money in checking and savings accounts.

Bank Capital

The resources a bank’s owners have put into the institution