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SECTION A PART 1 1. The Finance Manager may lake blankel insurance as a single policy on an insured property that co~ers (i) More than one type of property atllle same location, {ii} The same kind of property at more than one location, (iii) Two or more ~inds or property at two or more locations. (iv) Homeowne~s insurance that covers personal possessions as well as the actual dwelling. (a)(i) and (il) (b) All ol the above (iv) (c)(i), (iii) and (iv) (d) (ii) , (iii) and (e) None of the above

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SECTION A PART 1 1. The Finance Manager may lake blankel insurance as a single policy on an insured property that co~ers (i) More than one type of property atllle same location, {ii} The same kind of property at more than one location, (iii) Two or more ~inds or property at two or more locations. (iv) Homeowne~s insurance that covers personal possessions as well as the actual dwelling. (a)(i) and (il) (b) All ol the above (iv) (c)(i), (iii) and (iv) (d) (ii) , (iii) and (e) None of the above 2. All these are the assumption of Modigliani and Miller 1958 theory EXCEPT (a) Shareholder homogenous expectation (b) A company must be geared (e) Perfect market existence {dl Identical earning and ris~ of companies in the same class (e)Taxation disregarded 3. A defensive strategy where a prey company issues a large number 01 bondsidebenture with the condrtiOn that they must be redeemed at a higher price n the company Is ta~en over fs called (al Bond defense \b) Macaroni defense (c) Debenture strategy (d) rbstile bond (e) Stratagicdelense 4. Which of the loIIowing is not a function of a financ~1 intermediary? (a) Spreading and pool ris~ among investors (b) Accumulating fund from smaller instrtution (c) Investing in financial assets (d) Proving payment mechanism (e) Investing in realassels 5. Madam Enrtan operate a small investment project at Ogijio town and plan to increase short term ban~ loan to =N=2.5m. This is best described as an example 01: (a) Caprtal martet decision (b) Capital evaluation decision (c) Capital struclure decision (d) Caprtal budgeting decision (ej Inve sting decision 6. Two or more proJ6Cl that cannot be pursued simulianeously is ~nown as (a) Individual projeCts (b) Independence projects (c) Mutuallyexelusive projects (d) Dependentprojecls (e) Joint projects. 7. Whalcompound rate of interest will be r&quired to produce =N=500,OOO after 5 years with an ann ualinvestmenlof =N=4OO,OOO (a) 4.00% (b) 3.46% (C) 4.59% (d) 5.46% (e) Non of thee above 8. The process of determining the present value ofseliesolMure receipts and payments is called : (a)Annuity(b) Rate of retum (c) Net present value (d) Compounding (e) Discoun~ng 9. Which one of these evaluation techniques Is used for selecl1ng among mutually eXClusive projects if incremental cash flows are applied? (a) Profitability index {b} NPV (e) ARR (d) IRR (e) CoeffICient of beta 10. The following is a regulatory institution within the financial system EXCEPT (a) Central ban~ of Nigeria (a) security and Exchange Commission (c) National Insurance Commission (d) Nigeria Export , Import Bank (e) National Pension Commission 11. With continuouscompouoolng at10 percentfor30 years,thefuture value of an in ltlalinveslmentof=N=2,OOOwili be (a) 34,698 (bj =N= 64300 (c) =N= 78,282 (d) =N= 4O,111(e} =N= 17,140 . 12. The following is true about SMEs EXCEPT (a) Contributing to domestic capital formation (b) Stimulating entrepreneurship emel1lence and development (c) Employment generation (d) Public savings mobilisation (e)PovertyalleviaUon 13. When a company agrees to sell additional shares to the underwriter at a fixed period of time at the oflering price it is cailed (a) Maltelvalue (b) Shareprice{cj Green horn (d) White gun (e) Greenshoe 14.Wheretheinterestisperannumandpayableatlheendoflheyear,theforformulalofcompound itllerest is (a) P=Fv (1+rlm)"'" (b)A"'1 (Ptrlmj"'(c)A=SI (PxTxRj""'(d) A=P (ltrj'"(e) A=P (1trlmj" 15, The agency principle In financial management is main~ concerned Wllh relaUonship between (a) Mana;;lementand company agents (b) Sales agent and company malteting manager (cl capital providers and agency managers (d) Boardofdirectorsanddebtcapilalproviders(e)Shareholdersaooboardofdirectors 16. An expense incurred in carrying out an organisation's day-to-day activities,butnotdirectlyassociatedwith production Is ~nown as {a} Operating expenses (b) Da~yexpenses (c) Activity expenses (d) Management expenses (e) Organisational daily cost 17, Finance managemenlirrteracts with sociolo;jy and economics to be enable to predict (a) Customers behaviour and inflation (b) Shareholders wetlare (C) sale trend and production economy (d) Social economic well being of employees (ej All 01the above 18, Brea~-evencost of caprtal is also ~nown as (a) Marginal cost of capital (b) Brea~ even capilal provision (c) Cost of brea~even(d) Marginal cost of benefils (e) None of the above 19. Which of thefollowing is not the assumption of Gordon's growth model (a) Share price charge must be properly accoutlledfor (b) Shareholders growth expectations are accurately reflected by"g" (c) Polential gain or loss in share price are ignored (dj Shares arequoled and markel price exists (e) All oftheabo ve 20. Youara required to lind lhe "Ke' tI theTlumber of shares In Issue is 150,000 at =N=1 each,currentdividendis "'N=6,158, maltet value per share Is 3.42, current earnlngs"N=62,858, Net assets =N,,315,OOOand dividend 015 years ago aroounts to =N=2,473 (a) 21.40% (b) 21 38% (c) 21.49% (d) 21.52% (e} 21.98%

Comprehensive Profile of Redeemer's University, Mowe

Overview

Redeemer's University is a private Christian university located in Mowe, Ogun State, Nigeria. Established by the Redeemed Christian Church of God (RCCG) in 2005, the university aims to provide quality education that integrates academic excellence with Christian values. It has become a significant institution for higher learning in Nigeria, focusing on producing well-rounded graduates equipped for the challenges of the modern world.

History

Redeemer's University was officially established on January 7, 2005, and commenced academic activities on October 11, 2005. The university was founded to address the growing need for quality education in Nigeria while promoting the teachings of the Christian faith. Since its inception, the university has expanded its academic offerings and facilities, contributing to the educational landscape of Nigeria.

Mission and Vision

Mission: Redeemer's University is committed to providing a holistic education that emphasizes moral integrity, academic excellence, and leadership development, rooted in Christian principles.

Vision: The university aspires to be a world-class institution that produces graduates who are not only academically competent but also morally upright and socially responsible.

Academic Programs

Redeemer's University offers a variety of undergraduate and postgraduate programs across several faculties:

College of Humanities

Departments: English Language, History and Diplomatic Studies, Philosophy, Religious Studies, Performing Arts

College of Management Sciences

Departments: Accounting, Business Administration, Banking and Finance, Marketing, Transport and Tourism Studies

College of Natural Sciences

Departments: Biological Sciences, Chemical Sciences, Computer Science, Environmental Management, Mathematics, Physics

Postgraduate School

Offers various master's and doctoral programs across different disciplines.

Admission Requirements

To gain admission into Redeemer's University, prospective students must meet the following requirements:

A minimum of five O'Level credits, including English Language and Mathematics, in relevant subjects.

A satisfactory score in the Unified Tertiary Matriculation Examination (UTME) conducted by the Joint Admissions and Matriculation Board (JAMB).

For postgraduate programs, candidates must possess a relevant first degree with a minimum of Second Class Lower Division.

Campus and Facilities

Redeemer's University is situated on a sprawling campus in Mowe, Ogun State, and features modern facilities that support academic and extracurricular activities:

Lecture Halls: Equipped with state-of-the-art audio-visual aids to facilitate effective teaching and learning.

Library: A well-stocked library with a comprehensive collection of books, journals, and electronic resources.

Laboratories: Specialized laboratories for practical training in science and technology disciplines.

Hostel Accommodation: Comfortable housing options for students, promoting a conducive living and learning environment.

Sports Facilities: Various facilities for sports and recreational activities, encouraging physical fitness and teamwork.

Research and Development

Redeemer's University places a strong emphasis on research and development, encouraging faculty and students to engage in innovative research projects. The university has established collaborations with various institutions and organizations, both locally and internationally, to enhance its research capabilities. It has also been recognized by the World Bank as an African Centre of Excellence for the genomics of infectious diseases.

Student Life

The university offers a vibrant student life, with numerous clubs, societies, and organizations that promote social interaction, leadership development, and community service. Students are encouraged to participate in extracurricular activities, including sports, drama, music, and cultural events, fostering a well-rounded educational experience.

Notable Alumni

Redeemer's University has produced many successful graduates who have excelled in various fields, including business, education, healthcare, and public service. Some notable alumni include:

Pastor E.A. Adeboye - General Overseer of the Redeemed Christian Church of God.

Dr. Seyi Makinde - Governor of Oyo State.

Conclusion

Redeemer's University, Mowe, stands as a leading institution of higher learning in Nigeria, committed to providing quality education that integrates academic excellence with Christian values. With its diverse academic programs, modern facilities, and focus on character development, the university continues to prepare students for successful careers and responsible citizenship. The institution's dedication to excellence and community engagement makes it a preferred choice for students seeking a holistic education.