Chartered Wealth Manager® (CWM®) Certification Level II Examination
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93 questions in this view
Section B (2 Mark)
Mr. Ramlal is entitled to a basic salary of Rs. 50,000 p.m.& D.A. of Rs. 10,000 p.m. 40% of which forms part of retirement benefits. He is also entitled to HRA of Rs. 20,000 p.m. He actually pays Rs. 20,000 p.m. as rent for a house in Delhi. Compute the taxable HRA?
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Section B (2 Mark)
If Raman Industries Ltd. share price is Rs. 50 and its current dividend is Rs. 5 per share which is growing at 7 percent rate per year, determine its required return?
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Section B (2 Mark)
The income exemption threshold in respect of income year ending 30 June 2021, is as follows for an individual with two dependents in Mauritius is
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Section B (2 Mark)
Which of the following activities is/are a part of building the CRM project foundation phase in CRM implementation?
I. Identify people, process and technology requirements
II. Identify critical success factors
III. Identify stakeholders
IV. Develop risk management plan
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Section C (4 Mark)
Ms. Sonali Briganza is 22 years old. She is currently earning a salary of Rs.5,00,000 per annum and saves 20% of her salary every year. If her salary increases by 10% every year and she is able to get a return of 11% p.a. compounded annually throughout her investment horizon what would be the corpus of funds available at her age 58.
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Section C (4 Mark)
Cipla Ltd. had sales per share of Rs. 122 in 2018, on which it reported earnings per share of Rs. 2.45 and paid a dividend per share of Rs. 1.12. The company is expected to grow 6% in the long term and has a beta of 0.90. The current risk free rate is 7%. Estimate the appropriate price for Cipla Ltd., and what would the profit margin need to be, to justify the price per share if the stock is currently trading for Rs. 34 per share, assuming the growth rate is estimated correctly?
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