(i) A project by ZOBM Ltd. requires an initial investment of ₹ 100 Lakh and generates annual cash inflows of ₹ 29.85 Lakh for five years. Given that the risk-free discount rate is 10% and the company's premium for normal risk is 3%, what is the maximum premium for abnormal risk that can be earned on this project (using IRR method)?
[Given ; PVIFA (13% 5 yrs.) = 3.52, PVIFA (14%, 5 yrs.) = 3.43 and PVIFA (15%, 5 yrs.) = 3.35]

(ii) EZAN Ltd. has an ROE of 18% and a ploughback ratio of 50%. The market capitalization rate is 13%. If the expected earnings per share for the coming year are ₹ 4, at what price should EZAN’s share sell in 3 years?

(iii) The expected return of Portfolio ZON is 15%, and the variance of return is 280(%)². If the investor’s tolerance is 70, what will be the investor’s utility?

(iv) SANTIKA Project has a mean NPV of ₹ 11,700. The management wants to determine the probability of the NPV of the project under different ranges. Given that the standard deviation (SD) is ₹ 6,000, what is the probability of NPV between ₹ 7,200 and ₹ 13,200?

OToZ	0.10	0.25	0.50	0.60	0.75	1.00	1.25	1.50
Value	0.0398	0.0987	0.1915	0.2257	0.2734	0.413	0.3944	0.4332

(v) Ms. RUDRA invested in 10,000 units of AB Mutual Fund at a face value of ₹ 10 per unit on 1st August, 2023. On 31st March, 2024, the dividend declared was 10%, and Ms. RUDRA found her annualized yield to be 150%. What is the NAV as on 31st March, 2024?

(vi) Which of the following digital financial technologies and technological concepts is a type of distributed ledger that provides an order, time-stamped, and highly secured record of transactions?

(vii) MR. KAYON, a portfolio manager, is managing Portfolio XB, which currently has a market value of ₹ 1,800 Lakh. He expects a market correction and decides to hedge using NIFTY Index futures. If the index futures are quoted at 8000, and each contract underlines 200 units, if he sells 180 NIFTY Index contracts sat hedging 100% of his portfolio, what will be Portfolio Beta?

(viii) The current price of BCC’s stock is ₹ 1,515. It is expected that the price of the stock may either go up to ₹ 1,818 or go down to ₹ 1,212. If the strike price of the call option is ₹ 1,515 and the risk-free rate is 7%, what is the probability of a decrease in stock price?

(ix) If conclusions and opinions of equity analysts and other experts, based on publicly available information, are reflected in stock prices, then the stock market exhibits:

(x) Which one of the following Greek alphabets with respect to options measures the sensitivity of an option's price to its time to expiry (i.e., time value of the option)?

(xi) DAZON Ltd., an export customer who relied on the inter-bank rate of ₹/$ 82.45 / 10, requested his banker to purchase a bill for US $ 90,000. What rate should the banker quote to DAZON Ltd., if a margin of 0.20% is desired?

(xii) Which of the following statements are true regarding the Characteristics line and SML line for an individual security?

(I) ForaCharacteristics line, the Y-axis represents the returns for a particular security and the X-axis represents the returns for the Market Index.
(II)The SML Line is the same as the Characteristics line for an individual Security.
(III)The Slopé of the SML is the Beta for the particular Security.

(xiii) The concept of securitization is associated with:

(xiv) Which of the following is/are components of the Digital Finance Ecosystem?

(xv) MR. KKM, an investor, buys a call option contract for a premium of ₹ 150. The exercise price is ₹ 45, and the current market price of the share is ₹ 42. If the share price reaches ₹ 50 after three months, what is the profit made by the option holder on exercising the option? (The contract is for 100 shares. Ignore transaction charges.)