1. "Corporate and financial strategies go hand in hand". Elaborate this statement so as to highlight the close relationship between the two. Does financial strategy require change every year? Explain.

2. Should a company declare dividends every year? How would you decide the dividend policy of a company

3. Explain the law relating to buy-back of shares by a company. Why are buy-backs by corporates undertaken

4. Briefly state the reasons and forms of financial restructuring in a company. Why is it necessary for a company which is going sick?

5. Differentiate between a 'management buyout' and a 'leveraged buyout'. Which one of these is more common and why?

6. State the importance of working capital management. Outline the need for and strategy of cash management.

7. Define the term 'cost of capital' with the help of an example. How is the cost of equity determined? Should tax consideration be taken into account while calculating cost of capital

8. Write short notes on any four of the following:

Investment appraisal methods

Long term financing methods

Merger process

Venture capital

Management of receivables