1. Home
  2. CIMA
  3. CIMAPRA19-F03-1 Exam Questions

Free CIMAPRA19-F03-1 Exam Questions - CIMA CIMAPRA19-F03-1 Exam


F3 Financial Strategy

Total Questions: 391

CIMAPRA19-F03-1 Exam - Prepare from Latest, Not Redundant Questions!

Many candidates desire to prepare their CIMAPRA19-F03-1 exam with the help of only updated and relevant study material. But during their research, they usually waste most of their valuable time with information that is either not relevant or outdated. Study4Exam has a fantastic team of subject-matter experts that make sure you always get the most up-to-date preparatory material. Whenever there is a change in the syllabus of the F3 Financial Strategy exam, our team of experts updates CIMAPRA19-F03-1 questions and eliminates outdated questions. In this way, we save you money and time.

Do Not Fall for Cheap and Old CIMAPRA19-F03-1 Exam Questions

Study4Exam offers Premium High-Quality Exam Questions

Find out what will be covered on the exam and how it will be presented so you can prepare adequately. You can better prepare for the CIMAPRA19-F03-1 exam by familiarizing yourself with the types of questions and topics covered on the exam. Don't squander your time studying irrelevant material; instead, focus on what will be on the actual CIMA Professional Qualification exam.

Not Just Questions - Get Real CIMAPRA19-F03-1 Exam Experience

Create a schedule that allows you to devote sufficient time each day to studying for the F3 Financial Strategy exam. Try to cover the complete syllabus of the CIMA Professional Qualification exam. Do a self-assessment of preparation to know your weak spots. Fill these gaps in your preparation with our preparatory material and ace your exam on the first attempt.

CIMA CIMAPRA19-F03-1 Questions


A company is considering hedging the interest rate risk on a 3-year floating rate borrowing linked to the 12-month risk-free rate.

If the 12-month risk-free rate for the next three years is 2%, 3% and 4%, which of the following alternatives would result in the lowest average finance cost for the company over the three years?


A listed company plans to raise new capital which will be required for future investment projects. The company has a gearing ratio of 50%, which is just below the company's target ratio.

The directors are comparing the benefits and drawbacks of each of the following two alternative sources of finance;

* Unsecured bank borrowings.

* Convertible bonds.

Which of the following statements is correct?


HHH Company has a fixed rate loan at 10.0%, but wishes to swap to variable. It can borrow at the risk-free rate +8%. The bank is currently quoting swap rates of 3.1% (bid) and 3.5% (ask). What net rate will HHH Company pay if it enters into the swap?


Company Z has identified four potential acquisition targets: companies A, B, C and D.

Company Z has a current equity market value of $590 million.

The price it would have to pay for the equity of each company is as follows:


Only one of the target companies can be acquired and the consideration will be paid in cash.

The following estimations of the new combined value of Company Z have been prepared for each acquisition before deduction of the cash consideration:


Ignoring any premium paid on acquisition, which acquisition should the directors pursue?


A company is currently all-equity financed with a cost of equity of 9%.

It plans to raise debt with a pre-tax cost of 3% in order to buy back equity shares.

After the buy-back, the debt-to-equity ratio at market values will be 1 to 2.

The corporate income tax rate is 25%.

Which of the following represents the company's cost of equity after the buy-back according to Modigliani and Miller's Theory of Capital Structure with taxes?

Question: 1 Answer: D
Question: 2 Answer: B
Question: 3 Answer: C
Question: 4 Answer: D
Question: 5 Answer: A

Limited Time Offer



Get Premium CIMAPRA19-F03-1 Questions as Interactive Practice Test or PDF

Get Full Access for CIMA CIMAPRA19-F03-1 questions with 50% exclusive Discount

Get All Questions

Note: If you see any error in these CIMA F3 Financial Strategy questions or answers, get in touch with us via email: support@study4exam.com.

CIMAPRA19-F03-1 Valid Dumps | CIMA Professional Qualification Exam Questions

CIMAPRA19-F03-1 Exam Details

CIMAPRA19-F03-1 Exam Syllabus

Disscuss CIMA CIMAPRA19-F03-1 Topics, Questions or Ask Anything Related

Currently there are no comments in this discussion, be the first to comment!