Fin 3403 Study guides, Class notes & Summaries
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FIN 3403 Exam 2 Test Bank | 100% Correct Answers | Verified | Latest 2024 Version
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FIN 3403 Exam 2 Test Bank | 100% Correct 
Answers | Verified | Latest 2024 Version
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FIN 3403 Exam 2 Test Bank | 100% Correct Answers | Verified | Latest 2024 Version
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Mary just purchased a bond which pays $60 a year in interest. What is this $60 called? - coupon 
Bert owns a bond that will pay him $75 each year in interest plus a $1,000 principal 
payment at maturity. What is the $1,000 called? - face value 
A bonds coupon rate is equal to the annual interest divided by which one of the following? - face 
value 
The specified date on which the principal amount of a bond is payable is referred to as which one of the 
following? - maturity 
Currently, the bond ...
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UCF FIN 3403 EXAM 1 QUESTIONS & ANSWERS 2024/2025
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UCF FIN 3403 EXAM 1 QUESTIONS & ANSWERS 2024/2025 
 
 
Goal of the Firm - ANSWERSMaximize Shareholder Wealth, (Maximizing firm value or Maximizing stock price) 
 
Sole proprietorship - ANSWERSA business owned by a single individual. 
 
General Partnership - ANSWERSA partnership in which all partners are fully liable for the indebtedness incurred by the partnership 
 
limited partnership - ANSWERSA partnership in which one or more of the partners has limited liability, restricted to the amount of...
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FIN 3403 Exam 1 | 100% Correct Answers | Verified | Latest 2024 Version
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FIN 3403 Exam 1 | 100% Correct Answers | 
Verified | Latest 2024 Version
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FIN 3403 Exam 1 | 100% Correct Answers | Verified | Latest 2024 Version
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What are the three forms of business organization? Which one is unique as described in lectures? 
Describe differences between them and good and bad points related to each. - 
Sole Proprietorship. 
-Pro: easy startup, single taxation 
-Con: limited life, hard to raise capital, unlimited liability 
Partnership. 
-same as sole proprietorship 
Corporation. 
-Pro: limited liability, transfer ownership, easy to raise capital 
-Con: double taxation, separation of ownership and management 
A Corporati...
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FIN 3403 UCF EXAM 1 Questions & Correct Answers/ Graded A+
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Goal of the Firm 
: Maximize Shareholder Wealth, (Maximizing firm value or Maximizing stock price) 
Sole proprietorship 
: A business owned by a single individual. 
General Partnership 
: A partnership in which all partners are fully liable for the indebtedness incurred by the 
partnership 
limited partnership 
: A partnership in which one or more of the partners has limited liability, restricted to the 
amount of capital he or she invest in the partnership 
Corporation 
: An entity that legal...
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FIN 3403 EXAM 4 REVIEW (BLISS) with Correct Answers 2023/2024
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FIN 3403 EXAM 4 REVIEW (BLISS) with Correct Answers 2023/2024 
 
As investors take on more risk they should expect ______________________ - ANSWER-a greater rate of return 
 
Total Return on Equity - ANSWER-This is the total return (% or yield) on a share of stock, including the stock's change in price and dividend. 
 
Capital Gain(s) Yield - ANSWER-Return (% or yield) earned only from the change in price of the stock 
IGNORE THE DIVIDEND 
 
*A capital gains yield can be positive, negative, or...
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FIN 3403 Exam 2 Test Bank | 100% Correct Answers | Verified | Latest 2024 Version
- Exam (elaborations) • 24 pages • 2024
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Mary just purchased a bond which pays $60 a year in interest. What is this $60 called? - coupon 
Bert owns a bond that will pay him $75 each year in interest plus a $1,000 principal 
payment at maturity. What is the $1,000 called? - face value 
A bonds coupon rate is equal to the annual interest divided by which one of the following? - face 
value 
The specified date on which the principal amount of a bond is payable is referred to as which one of the 
following? - maturity 
Currently, the bond ...
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FIN 3403 PRINCIPLES OF BUSINESS FINANCE MANAGEMENT
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FIN 3403 PRINCIPLES OF BUSINESS FINANCE 
TEST BANK WITH ALL CHAPTERS COVERED WITH CORRECT ANSWERS. 
1.1	Finance: An Overview 
 
1)	Which of the following statements best represents what finance is about? 
A)	How political, social, and economic forces affect corporations 
B)	Maximizing profits 
C)	The study of how people and businesses make investment decisions and how to finance those decisions 
D)	Reducing risk 
 
2)	From a financial point of view, a company that decides to develop new product ...
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FIN 3403 UCF EXAM 1 Questions & Correct Answers/ Graded A+
- Exam (elaborations) • 13 pages • 2024
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FIN 3403 UCF EXAM 1 Questions & 
Correct Answers/ Graded A+
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