# Finance Midterm Exam

Anonymous
account_balance_wallet \$30

### Question Description

Finance Midterm Exam on EST 5 PM,Oct 19.time limit:150 min

Text Book: Fundamentals of Corporate Finance, Ninth Canadian Edition by Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan and Gordon S. Roberts, McGraw-Hill Ryerson, 2016.

The midterm will cover Chapters 1, 5, 6 & 7.

Seek for help

### Unformatted Attachment Preview

SOBEY SCHOOL OF BUSINESS FINA 2360 Business Finance I Fall 2018 Formula Sheet FVt (1 + r )t C PV = r C PV = r-g PV = 1 ù é ê1 - 1 + r t ú ( )ú PV = C ê ê ú r ê ú ë û t é (1 + r ) - 1 ù FVt = C ê ú r êë úû t )*+ . C é æ 1+ g ö ù &'( )*, PV = ê1 - ç 1 ÷ ú or 𝑃𝑉 = 𝐶 % /'0 r - g êë è 1 + r ø úû m é APR ù EAR = ê1 + -1 m úû ë EAR = e APR - 1 m é APR ù f EPR = ê1 + -1 ú m ë û YTM approx é ( FV - MV ) ù êC + ú t ë û = é FV + MV ù êë úû 2 Dt +1 r-g D PPS = P r D + Pt D1 D2 P0 = + +!+ t 1 2 t (1 + r ) (1 + r ) (1 + r ) Pt = ¥ P0 = å t =1 Dt (1 + r ) 𝑃𝑉𝐶𝐶𝐴𝑇𝑆 = 5 t 𝐼𝑑𝑇8 1 + 0.5𝑟 𝑆A 𝑑𝑇8 1 ;5 ;−5 ;5 ; 𝑑+𝑟 1+𝑟 𝑑 + 𝑟 (1 + 𝑟)A Financial Ratios Equity Multiplier = Total Assets / Total Equity Times Interest Earned = EBIT / Interest Inventory Turnover = Cost of Goods Sold / Inventory Total Asset Turnover = Sales / Total Assets Profit margin = Net Income / Sales Market-to-Book Ratio = Market Value per Share / Book Value per Share ROE = PM x TAT x EM -- 2 ...
Purchase answer to see full attachment

Manal25
School: Boston College

They are 4 problems Deseis, right?Here are the solutionsWill start on the multiple choice now (how much time left?)
Oh ok :)Yes, here are the solutions to the multiple choice questions (20 questions correct?)

Term

35
30
\$5.000
\$50.000
8%
4
EAR
8,24%
Amount required after 35 years \$59.666,08
b)
Nominal Rate
Compounding Periods
Monthly Interest

6%
12
0,50%

Amount Required

\$41,88

420

PV
Rate
Semi-annual Rate
Years
Periods

\$1.500.000
6%
3%
20
40

Principal
Interest
Term
PMT

\$1.500.000
3,00%
40
\$64.893,57

Year
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28

Semi Annual
Interest
Rate
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%
3,00%

Beginning
Scheduled
Balance
1.500.000,00
1.480.106,43
1.459.616,06
1.438.510,97
1.416.772,74
1.394.382,35
1.371.320,26
1.347.566,30
1.323.099,72
1.297.899,14
1.271.942,55
1.245.207,26
1.217.669,91
1.189.306,44
1.160.092,07
1.130.001,26
1.099.007,...

flag Report DMCA
Review

Anonymous
Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors