CWA ICWA Final Stage IV : Valuations Management and Case Study - June 2003

This Paper has 40 answerable questions with 0 answered.
F—20(VMC)
Revised Syllabus
Time Allowed : 3 HoursFull Marks : 100
Answer Question No. 1 which is compulsory carrying 20 marks
and any five from the rest.
Marks
1.(a)State whether the following statements are True or False:1x6=6 
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 (b)Fill in the blanks:1x8=8 
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 (c)Mergers and acquisitions involve complex set of managerial problems than the purchase of an asset. Nevertheless, discounted cash flow (DCF) approach is an important tool in analyzing mergers and acquisitions. In order to apply DCF technique, write ‘Yes’ if following information is required for analyzing merger and acquisition and ‘No’ if not required:6x1=6 
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2.(a)why might discounted cash flow valuation be difficult to do for the following types of firms? Also explain in brief how the difficulty can be overcome.6x2=12 
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 (b)Fill in the blanks:4x1=4 
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