Pmt 105 - Study guides, Class notes & Summaries

TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false. 1) An asset's liquidity is determined by how readily the asset can be converted to an appropriate amount of cash. Answer: True False 2) The principal reason for excluding many intangible assets from the balance sheet is that they are difficult to value. Answer: True False 3) Based on generally accepted accounting principles, assets are recorded on the balance at their current market value. Answer: Tr...

Instrumental Analysis ACS Final Prep Exam with Questions and A are the difference between calibration sensitivity and analytical sensitivity - answercalibration sensitivity is the slope of a calibration curve at the concentration of interest while analytical sensitivity is a response to the noise ratio how to calculate calibration sensitivity - answery=mx+b (m is the calibration sensitivity) graph concentration vs mean analytical signal how to find the analytical sensitivity - answerAs (con...

A portfolio manager is considering the purchase of a bond with a 5.5% coupon rate that pays interest annually and matures in three years. If the required rate of return on the bond is 5%, the price of the bond per 100 of par value is closest to: 98.65. 101.36. 106.43. B is correct. The bond price is closest to 101.36. The price is determined in the following manner: PV=PMT(1+r)1+PMT(1+r)2+PMT+FV(1+r)3 where: PV = present value, or the price of the bond PMT = coupon payment per period ...

FIN 516 FINAL EXAM 1. (TCO B) Which of the following statements concerning the MM extension with growth is NOT CORRECT? (a) The tax shields should be discounted at the unlevered cost of equity.] (b) The value of a growing tax shield is greater than the value of a constant tax shield. (c) For a given D/S, the levered cost of equity is greater than the levered cost of equity under MM’s original (with tax) assumptions. (d) For a given D/S, the WACC is greater than the WACC under MM’s origi...

1. Should countries forgo using their own currency and adopt as legal tender a stable foreign currency? Address the following in your answer: a. Give two advantages and two disadvantages of dollarization. Advantages: Lower cost of foreign credit; enhance credibility of government policy; stability; international trade. Disadvantages: lose seignorage; lose lender of last resort; lose control of monetary policy. b. Does a country need permission to dollarize? No c. Would dollarization b...