CIMA Related Exams
F3 Exam
The CIMA F3 exam syllabus encompasses a wide range of financial strategy concepts, including:
The CIMA F3 and P3 exams are part of the Strategic Level of the CIMA (Chartered Institute of Management Accountants) qualification, but they focus on different areas:
A company is planning a new share issue.
The funds raised will be used to repay debt on which it is currently paying a high interest rate.
Operating profit and dividends are expected to remain unchanged in the near future.
If the share issue is implemented, which THREE of the following are most likely to increase?
Which of the following is NOT an advantage of a share repurchase?
A company has announced a rights issue of 1 new share for every 4 existing shares.
Relevant data:
• The current market price per share is $10.00.
• Rights are to be issued at a 20% discount to the current price.
• The rate of return on the new funds raised is expected to be 10%.
• The rate of return on existing funds is 5%.
What is the yield-adjusted theoretical ex-rights price?
Give your answer to two decimal places.
$ ?