The Market Convention to Use a 360-Day Year in the Financial

question 50

Multiple Choice

The market convention to use a 360-day year in the financial markets applies in:

• A) the United Kingdom.
• B) Australia.
• C) the United Kingdom and euromarkets.
• D) the United States and euromarkets.

Calculate the future value of ordinary general annuities.

Determine the present value of ordinary general annuities.

Calculate minimum sustenance amount from annuities.

Calculate the amount a finance company would pay for conditional sale contracts based on required rates of return.

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Definitions:

Cost Advantages

Economic benefits that an organization gains due to lower production costs, often leading to competitive pricing.

GE/McKinsey Grid

A strategic tool used to evaluate business portfolios based on industry attractiveness and business unit strength.

BCG Matrix

A strategic planning tool that uses market growth rate and market share to categorize business units or products into four categories: Stars, Cash Cows, Question Marks, and Dogs.

Market Attractiveness

An assessment of the potential profitability and growth opportunities in a particular market sector.