Premium Essay

Fin 410 Final Exam

In: Business and Management

Submitted By activitymode
Words 1616
Pages 7
FIN 410 FINAL EXAM
To purchase this visit here: http://www.activitymode.com/product/fin-410-final-exam/ Contact us at:
SUPPORT@ACTIVITYMODE.COM
FIN 410 FINAL EXAM
1. You have a portfolio with a beta of 3.1. What will be the new portfolio beta if you keep 85 percent of your money in the old portfolio and 15 percent in a stock with a beta of 4.5?
2. PNB Industries has 20 million shares of common stock outstanding with a market price of $18.00 per share. The company also has outstanding preferred stock with a market value of 50 million, and $500,000 bonds outstanding, each with face value $1,000 and selling at 97% of par value. The cost of equity is 15%, the cost of preferred is 12% and the cost of debt is 8.50%. If PNB’s tax rate is 40%, what is the WACC?
3. A 2 – year Treasury security currently earns 5.13%. Over the next 2 years, the real interest rate is expected to be 2.15% per year and the inflation premium is expected to be 1.75% per year. Calculate the maturity risk premium on the 2 year Treasury Security.
4. Which of the following statements is correct?
5. Netflicks, Inc. has a beta of 3.61. If the market return is expected to be 13.2 percent and the risk free rate is 7%, what is Netflick’s risk premium?
6. Which of the following is incorrect?
7. Financial analysts forecast ABC Inc. growth for the future to be 12%. ABC’s recent dividend was $1.60. What is the value of ABC stock when the required return is 15%?
8. Which of the following is not correct with respect to derivative securities?
9. A firm reported a profit margin of 8.5%, total asset turnover of 0.85 times, debt to equity ratio of 0.90 times, net income of $550,000, and dividends paid to common stockholders of $100,000. The firm has no preferred stock outstanding. What is the firms internal growth rate?
10. A firm has an ROE of 14% and a debt ratio of 40%. If the total asset turnover…...

Similar Documents

Free Essay

Engl 230

...Entire,final,Week,1,2,3,4,5,6, ACC 560,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 561,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 561,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 565,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 565,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACCT 346,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACCT 346,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACCT 434,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACCT 434,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACCT 567,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACCT 567,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, PHI 200,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, PHI 200,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, Res 301,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, Res 301,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford BA......

Words: 4565 - Pages: 19

Free Essay

Hist 415

...Entire,final,Week,1,2,3,4,5,6, ,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 307,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 307,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 344,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 344,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 346,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 346,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 403,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 403,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 504,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 504,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 560,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 560,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 561,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 561,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC......

Words: 5653 - Pages: 23

Free Essay

Homework Lance Online Homework Help

...http://homeworklance.com/downloads/acc-202-entire-course/ http://homeworklance.com/downloads/acc-206-entire-course/ http://homeworklance.com/downloads/acc-310-entire-course-week-1-5-latest/ http://homeworklance.com/downloads/acc-340-complete-course-material-wk-1-5-a/ http://homeworklance.com/downloads/acc-400-entire-course-final-exam-guide/ http://homeworklance.com/downloads/acc-407-entire-course-advance-accounting/ http://homeworklance.com/downloads/acc-423-entire-course/ http://homeworklance.com/downloads/acc-455-entire-course-asolution/ http://homeworklance.com/downloads/acc-556-entire-course-forensic-accounting/ http://homeworklance.com/downloads/acc-556-entire-course-forensic-accounting-2/ http://homeworklance.com/downloads/acc-557-complete-course-material/ http://homeworklance.com/downloads/acc-557-full-course-new-updated-2014/ http://homeworklance.com/downloads/acc-561-complete-course-material/ http://homeworklance.com/downloads/acct-212-financial-accounting-complete-course/ http://homeworklance.com/downloads/acct-504-accounting-finance-managerial-use-analysis/ http://homeworklance.com/downloads/acct-505-managerial-accounting-entire-course/ http://homeworklance.com/downloads/ajs-532-entire-course-week-1-6-complete-course/ http://homeworklance.com/downloads/ajs-582-entire-course/ http://homeworklance.com/downloads/bcom-275-complete-course-material/ http://homeworklance.com/downloads/beh-225-entire-course-weeks-dqs-assignments/ http://homeworklance.co......

Words: 1331 - Pages: 6

Free Essay

Homework Lance

...http://homeworklance.com/downloads/acc-202-entire-course/ http://homeworklance.com/downloads/acc-206-entire-course/ http://homeworklance.com/downloads/acc-310-entire-course-week-1-5-latest/ http://homeworklance.com/downloads/acc-340-complete-course-material-wk-1-5-a/ http://homeworklance.com/downloads/acc-400-entire-course-final-exam-guide/ http://homeworklance.com/downloads/acc-407-entire-course-advance-accounting/ http://homeworklance.com/downloads/acc-423-entire-course/ http://homeworklance.com/downloads/acc-455-entire-course-asolution/ http://homeworklance.com/downloads/acc-556-entire-course-forensic-accounting/ http://homeworklance.com/downloads/acc-556-entire-course-forensic-accounting-2/ http://homeworklance.com/downloads/acc-557-complete-course-material/ http://homeworklance.com/downloads/acc-557-full-course-new-updated-2014/ http://homeworklance.com/downloads/acc-561-complete-course-material/ http://homeworklance.com/downloads/acct-212-financial-accounting-complete-course/ http://homeworklance.com/downloads/acct-504-accounting-finance-managerial-use-analysis/ http://homeworklance.com/downloads/acct-505-managerial-accounting-entire-course/ http://homeworklance.com/downloads/ajs-532-entire-course-week-1-6-complete-course/ http://homeworklance.com/downloads/ajs-582-entire-course/ http://homeworklance.com/downloads/bcom-275-complete-course-material/ http://homeworklance.com/downloads/beh-225-entire-course-weeks-dqs-assignments/ http://homeworklance.co......

Words: 1331 - Pages: 6

Premium Essay

Get Online Help with Ur Assignment Ashford a+Material

...http://homeworktimes.com/downloads/acc-206-entire-course-new/ http://homeworktimes.com/downloads/acc-206-new-week-1-assignment-chapter-one-problems/ http://homeworktimes.com/downloads/acc-206-new-week-2-assignment-chapter-two-three-problems/ http://homeworktimes.com/downloads/acc-206-new-week-2-journal-institute-management-accounting/ http://homeworktimes.com/downloads/acc-206-new-week-3-assignment-chapter-four-five-problems/ http://homeworktimes.com/downloads/acc-206-new-week-3-journal-hershey-company/ http://homeworktimes.com/downloads/acc-206-new-week-4-assignment-chapter-six-seven-problems/ http://homeworktimes.com/downloads/acc-206-new-week-5-assignment-chapter-eight-problems/ http://homeworktimes.com/downloads/acc-206-new-week-5-assignment-final-paper/ http://homeworktimes.com/downloads/acc-212-financial-accounting/ http://homeworktimes.com/downloads/acc-250-complete-course-acc-205-entire-course/ http://homeworktimes.com/downloads/acc-290-complete-course-acc-290-entire-course/ http://homeworktimes.com/downloads/acc-291-complete-course-acc-290-entire-course/ http://homeworktimes.com/downloads/acc-340-entire-course-acc-340-complete-course/ http://homeworktimes.com/downloads/acc-400-complete-course-acc-400-entire-course/ http://homeworktimes.com/downloads/acc-407-entire-course/ http://homeworktimes.com/downloads/acc-455-complete-course/ ......

Words: 3197 - Pages: 13

Premium Essay

Fin 571 Final Exam New Assignment

...FIN 571 Final Exam (Newest) – Assignment 1. In a general partnership, the general partners have _____ liability and have _____ control over day-to-day operations. • limited; no • no; total • unlimited; no • limited; total • unlimited; total 2. Which one of these is a correct definition? • Long-term debt is defined as a residual claim on a firm’s assets. • Net working capital equals current assets plus current liabilities. • Current liabilities are debts that must be repaid in 18 months or less. • Tangible assets are fixed assets such as patents. • Current assets are assets with short lives, such as inventory. 3. The owners of a limited liability company generally prefer: • being taxed personally on all business income. • having liability exposure similar to that of a general partner. • having liability exposure similar to that of a sole proprietor. • being taxed like a corporation. • being taxed like a corporation with liability like a partnership. 4. Which one of the following is least apt to help convince managers to work in the best interest of the stockholders?pay raises based on length of service • implementation of a stock option plan • threat of a proxy fight • management compensation tied to the market value of the firm’s stock • threat of a takeover of the firm by unsatisfied stockholders 5. a. Compute the future value of $2,000 compounded annually for 20 years at 4 percent. (Do not round intermediate calculations and round your......

Words: 3096 - Pages: 13

Premium Essay

Econ 125-Hk2. Economics for Managers Exam

...ECON 125-HK2. Economics for Managers Exam http://homeworkfy.com/downloads/econ-125-hk2-economics-for-managers-exam/ To Get this Tutorial Copy & Paste above URL Into Your Browser Hit Us Email for Any Inquiry at: Homeworkfy@gmail.com Visit our Site for More Tutorials: (http://homeworkfy.com/ ) > TAKE ASSESSMENT: EXAM 1 Question 1 2 points Save Which of the following economic systems abolishes all private property? communism socialism fascism all of the above Question 2 2 points Save The profit motive is one characteristic of a command economy. True False Question 3 2 points Save In a market system, the government enforces laws ensuring that private enterprises and conditions of competition will prevail. True False Question 4 2 points Save The most common type of business in the United States is the corporation. True False Question 5 2 points Save Laissez-faire is a policy of no government intervention in the economic activities of individuals and businesses. True False Question 6 2 points Save In a partnership, each partner’s liability is limited to his or her contribution to the partnership. True False Question 7 2 points Save There are no government-regulated markets in the U.S. economy. True False Question 8 2 points Save Which of the following is not among the United States’ economic goals? ...

Words: 8412 - Pages: 34

Premium Essay

Admission

...tutors, academic advisors and other students. You’ll have access to: • • • • • Online learning groups Comprehensive course reviews Exam prep tools Free technical support Immediate online feedback • Pre-recorded audio and video lectures • Live, instructor-led webinars • Supplemental study resources Wynne Powell, FCGA President and CEO of London Drugs, London Air Services, TLD Computers and Sonora Resort British Columbia A comprehensive, flexible program that prepares you for lifelong success. Alexandra Korneshuk, CGA student Controller Ferrari Maserati of Vancouver British Columbia How do you get your CGA designation? You must meet the following four requirements to receive your CGA designation: 1. Complete the PACE pre-requesite courses. 2. Meet our degree requirement—in any field of study. 3. Complete four PACE-level courses. 4. Meet our practical experience requirement, 24 months of professional-level work experience (PERC). 1. Complete the PACE pre-requisite courses. The PACE pre-requsite courses cover all aspects of full-cycle financial accounting, advanced topics in financial and management accounting, and key professional concepts and knowledge in audit and taxation. As part of each PACE pre-requisite course, you submit assignments and complete online assessments or quizzes. Each course ends with a national exam. The PACE pre-requsite courses include two business cases in which you’ll apply financial management concepts to practical......

Words: 4906 - Pages: 20

Free Essay

Staffing

...GRE vocabulary Flash review 7031_ GREVOC_ Flash Review[FIN].indd 1 5/10/11 2:55 PM Other Titles of Interest From LE ARNINGEXP RESS EMT Flash Review 7031_ GREVOC_ Flash Review[FIN].indd 2 5/10/11 2:55 PM GRE Vocabulary Flash review ® New York 7031_ GREVOC_ Flash Review[FIN].indd 3 5/10/11 2:55 PM Copyright © 2011 LearningExpress, LLC. All rights reserved under International and Pan American Copyright Conventions. Published in the United States by LearningExpress, LLC, New York. Library of Congress Cataloging-in-Publication Data GRE Vocabulary flash review. — 1st ed. p. ; cm. ISBN- 978-1-57685-781-6 1. Vocabulary—Problems, exercises, etc. 2. Graduate Record Examination. I. LearningExpress (Organization) PE1449.G656 2011 428.1—dc22 2010053646 G RE V OCABULA RY Printed in the United States of America 9 8 7 6 5 4 3 2 1 First Edition For more information or to place an order, contact LearningExpress at: 2 Rector Street 26th Floor New York, NY 10006 Or visit us at: www.learnatest.com 7031_ GREVOC_ Flash Review[FIN].indd 4 5/10/11 2:55 PM Contents INTRODUCTION. . . . . . . . vii About This Book. . . . xiii A . . . . . . . . . . . . . . . . . B . . . . . . . . . . . . . . . . . C . . . . . . . . . . . . . . . . . D . . . . . . . . . . . . . . . . . 1 45 57 87 E . . . . . . . . . . . . . . . . . 123 F . . . . . . . . . . . . . . . . . 159 G . . . . ...

Words: 29492 - Pages: 118

Free Essay

Tracking Analysis

...002-740 Final Fairing & Finishing Techniques for fairing surfaces with WEST SYSTEM® Brand epoxy and a guide to finish coatings Final Fairing The first part of this manual describes final fairing techniques as they apply to boatbuilding and boat repair. These techniques are also useful for many nonmarine applications such as auto body repair or building forms and molds. Also included are methods for applying fairing compound that can reduce trial and error, and help make the fairing process easier and faster. Finishing The second part of this manual discusses epoxy as a barrier coating and the wide variety of finish coating options available for ultraviolet protection and long term durability. Cost, compatibility, durability, ease of application and health hazards are variables to consider in the selection of a coating option for your project. Catalog No. 002-740 Final Fairing & Finishing Techniques for fairing surfaces with WEST SYSTEM® Brand epoxy and a guide to finish coating 5th Edition—June 2005 The techniques described in this manual are based on the handling characteristics and physical properties of WEST SYSTEM Epoxy products. Because physical properties of resin systems and epoxy brands vary, using the techniques in this publication with coatings or adhesives other than WEST SYSTEM is not recommended. Refer to the current WEST SYSTEM User Manual & Product Guide for complete product information, and safety and handling guidelines. The information presented......

Words: 17119 - Pages: 69

Premium Essay

Aau Catalog

........................ 11 Academic Freedom....................................................................................................................... 12 ADMISSIONS ...................................................................................................................................................13 Application and Enrollment Process ......................................................................................... 13 International Students .................................................................................................................. 16 Non-Degree Seeking Students .................................................................................................... 17 Program Entrance Exams ............................................................................................................ 17 AAU Orientation .......................................................................................................................... 18 Readmitted Students .................................................................................................................... 18 Certificate Program Options ....................................................................................................... 19 Degree Options ............................................................................................................................. 20 Change of Major / Program Policy ............................................

Words: 52297 - Pages: 210

Premium Essay

Nt2640

...and Final Examination Answer Keys Added examination keys Immediately 03/18/2013 Answer Keys for Midterm and Final Updated some answers to address the accuracy March 2013 04/19/2013 Assignment labels on Pages 43, 52, 61, 78, 87, 97, 106 and 132. Added labels to identify additional assignments in affected units Clarification of additional assignments March 2013 Table of Contents COURSE OVERVIEW 5 Catalog Description 5 Goals and Expectations 5 Learning Objectives and Outcomes 6 Career Impact 6 INSTRUCTIONAL RESOURCES 7 Required Resources 7 Additional Resources 7 COURSE MANAGEMENT 9 Technical Requirements 9 Test Administration and Processing 9 Replacement of Learning Assignments 10 Communication and Student Support 10 Academic Integrity 10 GRADING 11 COURSE DELIVERY 13 Instructional Approach 13 Methodology 13 Facilitation Strategies 14 UNIT PLANS 15 Unit 1: The TCP/IP Model, LANs, WANs, and IP Networks 15 Unit 2: TCP/IP Network, Transport, and Application Layers 24 Unit 3: IP Subnetting and Basic Router Configuration 34 Unit 4: IP Routing with Connected, Static, and RIP-2 Routes 44 Unit 5: IP Troubleshooting and EIGRP 53 Unit 6: Subnet Design 62 Unit 7: Advanced IP Routing Topics and OSPF 69 Unit 8: Advanced IP Topics 79 Unit 9: LANs 88 Unit 10: WANs 98 Unit 11: Course Review and Final Examination 107 COURSE SUPPORT TOOLS AND ASSESSMENTS 108 MIDTERM AND FINAL EXAMINATION ANSWER KEYS 112 MIDTERM EXAM ANSWER KEYS 112 FINAL EXAM......

Words: 22068 - Pages: 89

Free Essay

Student Grading System

...teachers’ comments, absence information, grade point averages, and course credit on your report cards. Copyright © National Computer Systems, Inc. 1997, 1999 Confidential Information 4 Student Grading System User’s Guide Calculating and Reporting Grade Point Averages When you implement the SGS application, you can choose to set up grade weights. With the flexibility of weighted grades, a student may earn 4.5 points for an A in an advanced class, but only 4.0 points for an A in a standard class. The system can calculate two types of GPA: n Current period n Cumulative The system calculates the current period GPA based on grades assigned during an individual grading period. The system calculates the cumulative GPA using all final grades from the current school year and all grades in the transcript. Tracking Graduation Requirements You can track a student’s progress against defined graduation plans to ensure that each student fulfills graduation requirements. The system groups credits earned by pre-defined graduation categories, which can be by department or some other specified grouping. Maintaining and Reporting Honor Roll Information The system enables you to define honor formats for all of your honor rolls. You can print honor roll reports that include the information and title you defined for each honor roll format. Maintaining and Reporting Transcript Information The system enables you to post grades to transcripts automatically, or......

Words: 28011 - Pages: 113

Premium Essay

Cataolog

...imagineamerica.org. The high school student must be enrolled in the Imagine America Program before the scholarship application can be submitted. The scholarship is nontransferrable. To qualify for this scholarship, the student must meet the following guidelines as determined by the high school counselor: • Likelihood of successful completion of post-secondary education • High School grade point average of 2.5 or greater • Show financial need, and have demonstrated voluntary community service during their senior year. Once the student completes the application, a notice is sent to the high school where the counselor will either approve or reject the application. If approved, a notice is then sent to the college where it will receive the final approval and then submitted to the University’s financial planning office. *Scholarships are paid over 6 quarters, and require continuous enrollment at Sullivan with a minimum cumulative GPA of 2.5 on a 4.0 scale. GED Scholarship - This scholarship is awarded to students who have earned their GED instead of a high school diploma. To be eligible for this scholarship, a student must have an average score of 450 on each section of the GED test, or a total score of at least 2250. The recipient must also meet all other Sullivan University entrance requirements, maintain continuous fulltime enrollment status at Sullivan and maintain a minimum quarterly grade point average (GPA) of 3.0 on a 4.0 scale. There is no limit to the number......

Words: 103133 - Pages: 413

Premium Essay

Economics Growth

...labor productivity and thus leads to a higher equilibrium level of output.10 It can also increase the innovative capacity of the economy—knowledge of new technologies, products, and processes promotes growth.11 And it can facilitate the diffusion and transmission of knowledge needed to understand and process new information and to implement new technologies devised by others, again promoting growth.12 Just as in the literature on microeconomic returns to education, the majority of the macroeconomic literature on economic ly nd la Po ic bl pu Ita k ar Cz ec h Re nm De ed en ay rw Source: Hanushek and Zhang (2006). Sw y ar No ng Hu an y nd la nd la rm Ge Fin ile er itz Sw s nd er la at th St Ne d ite Un Ch es 0 EDUCATION QUALITY AND ECONOMIC GROWTH 4 returns to education employs the quantitative measure of years of schooling, now averaged across the labor force. Using average years of schooling as an education measure implicitly assumes that a year of schooling delivers the same increase in knowledge and skills regardless of the education system. This measure also assumes that formal schooling is the primary source of education and that variations in the quality of nonschool factors affecting learning have a negligible effect on education outcomes. This neglect of cross-country differences in the quality of education is the major......

Words: 17789 - Pages: 72