We find the exact spectrum of a class of quarter BPS dyons in a generic N=4
supersymmetric Z_N orbifold of type IIA string theory on K3\times T^2 or T^6.
We also find the asymptotic expansion of the statistical entropy to first
non-leading order in inverse power of charges and show that it agrees with the
entropy of a black hole carrying same set of charges after taking into account
the effect of the four derivative Gauss-Bonnet term in the effective action of
the theory.Comment: LaTeX file, 39 pages; minor change