Finance 301 - Study guides, Class notes & Summaries

A $1000 par value bond will mature in 10 years. This bond pays a coupon of $90 every year. If investors require an annual return of 8%, what is the current price of this bond? Assume annual payments.$1,067.10 You wish to purchase a 20-year bond that has a maturity value of $1000 and makes semiannual interest payments of $40. If you require a 10% yield to maturity on this investment, what is the maximum price you would pay for the bond?$828.41 A bond with a $1,000 par value pays a coupon...

FINANCE 301 – {CORPORATION FINANCE} PREP ACTUAL EXAM QUESTIONS BY PROF SARA SMIAROWSKI FINANCE 301 QUIZ 1 1. You are considering buying a condo in Boston for $900,000. You plan to make a down payment of $90,000 and finance $810,000 with a 25 year loan. If the interest rate is 5.25%, what is the monthly payment, assuming you'll pay the mortgage at the end of every month. ANSWER: FVA = A(FVIFA); where r/12 and n*12 FVIFA = [(1+r)^n - 1]/r 2. At the reading of the will, you learn that ...

Finance - Answer-Involves the management of money Corporate Finance - Answer-the management of money/capital within a corporation. the major monetary decisions facing a corporation concern working capital management , capital budgeting and the capital structure decision capital market - Answer-financial markets (such as NYSE, NASDAQ, OTC,CBOT) where issues and investors buy and sell long term (<1 year) financial instruments debt - Answer-a financial asset ( obligation) that typically...

Excel Crash Course Exam from Wall Street Prep-wall Street Prep Questions And Answers Updated ( A+ GRADED 100% VERIFIED)

Colorado Car Sales Exam Questions With Correct Answers and Rationales Latest Updated 2024 (GRADED A+) The advertise price of a motor vehicle must include: Answer- Finance Charge Advertisement of rate of finance charge. If an advertisement states a rate of finance charge, it shall state the rate as an "annual percentage rate," using that term. If the annual percentage rate may be increased after consummation, the advertisement shall state that fact. If an advertisement is for credit not se...

Which of the following asset classes would you expect to have the highest expected return and standard deviation? - treasury bills - government bonds - corporate bonds - large company stocks - small company stocks Correct Answer small company stocks True or False: A rational investor will require a higher return on treasury bonds than stocks. Correct Answer false Calculate the rate of return on an investment that you bought for $50, received a $3 dividend, and sold one year later for ...

Prime mortgage Correct Answer a mortgage that satisfies traditional lending standards Subprime mortgage Correct Answer a mortgage that does not satisfy traditional lending standards Insured mortgage Correct Answer a mortgage that guarantees loan repayment to the lending financial institution Conventional mortgage Correct Answer a mortgage that is not guaranteed to be repaid and has the chance of defaulting Fixed-rate mortgages Correct Answer a type of residential mortgage that locks ...

Review: Excel Crash Course Exam (Revised Correct ANSWERS 2023) Wall Street Prep. Question 1 Instructions: Questions 1-4 use the financial model on tab Q1-4 in the Exam Workbook. Complete the model by filling in the blank cells before answering the question below. Answers should be rounded to the nearest whole number, comma separating 000s, NOT written in currency format. So if the answer is $5,505,210.50, you would input 5,505,210. What is forecast Revenue in 2017? Question 2 Instruct...

Which type of bond has a coupon rate that is equal to the market yield? A) Par bond B) Fixed-rate premium bond C) Zero coupon bond D) All bonds E) Fixed-rate discount bond Correct Answer A) Par bond Which of the following bonds does not have reinvestment risk? A) Fixed-rate discount bond B) Zero coupon bond C) Fixed-rate bond with call option D) Fixed-rate premium bond E) Fixed-rate par bond Correct Answer B) Zero coupon bond The risk that the issuer of a bond will not be able to...

Shareholders Correct Answer Owners who may receive positive residual cash flows Stakeholders Correct Answer Anyone other than owners who has a claim on the cash flows of a firm Business Organization Firms Correct Answer Sole Proprietorship, Partnership, General Partnership, Limited Partnership, Corporations, and S Corps Sole Proprietorship Correct Answer Business owned by an individual. Easy to form, light regulations/paperwork, owner keeps all assets and profits, Single taxation at per...