Mini-II Version A - Page 1 of 12 Accy 201 Mini-Test II Student Name Net ID TA Name Discussion Section Fall 2008 Version A Page 2 of 12 Accy 201

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Page 1 of 12 Accy 201 Mini-Test II Fall 2008 Version A Student Name Net ID TA Name Discussion Section
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Page 2 of 12 Accy 201 Mini-Test II Fall 2008 Version A 1. Keep test booklets closed until an examination proctor indicates you may start the exam. 2. This test is individual, closed-book, closed note. Place all notes and books in a closed book bag or case under your seat. Remove all hats. You may keep only writing utensils and an eraser—NO CALCULATORS! Turn off your cell phone! 3. Legibly print your name, your Net ID, your TA’s name and your discussion section at the top of this page. 4. Use a dark pencil to fill in your name, and Net ID on the accompanying answer sheet. Also write in the course (ACCY 201), your TA’s name (as “instructor”), your discussion section and sign your name on the answer sheet. 5. Failure to accurately supply identifying information on the cover sheet of your exam booklet or the answer sheet will result in a 10 point deduction from your test score. 6. This test has 25 multiple choice questions. Be sure that you have all pages of the test before beginning. 7. This test will be scored out of 100 points. Point values for individual questions vary. 8. Read each question carefully. Choose the BEST response to each question. 9. Use a dark pencil to fill in your answer choice (a, b, c, d or e) on the accompanying answer sheet. Answers for questions that have not been recorded on the answer sheet will NOT be graded. 10. You may ask proctors to clarify a possible typo . No other questions will be answered. Read the following statement and sign below to indicate that you read and understood it. Professor Curtis is committed to providing an environment that preserves scholastic integrity. By enrolling in this course the undersigned student agrees to abide by the rules and regulations in the Code on Campus Affairs and Regulations Applying to All Students . Further, the undersigned student understands that any actions not in accordance with the additional list provided on the course web page will automatically be considered evidence of cheating. Signature Date
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Page 3 of 12 Accy 201 Mini-Test II Fall 2008 Version A Multiple Choice (100 points) Read all information and questions carefully. Select the best response and bubble in your answer on the accompanying answer sheet. Part A (40 points) 1. An investor with excess cash is considering two possible investments. The first investment has an initial cost of $1,000, pays $100 per year for 10 years and then repays the original investment. The second investment also has an initial cost of $1,000, may pay $100 per year for an unlimited number of years and has an unpredictable future value. What kind of a financial instrument is the first investment? a.
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This note was uploaded on 02/10/2010 for the course ACCY 201 taught by Professor Susancurtis during the Spring '09 term at University of Illinois, Urbana Champaign.

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Mini-II Version A - Page 1 of 12 Accy 201 Mini-Test II Student Name Net ID TA Name Discussion Section Fall 2008 Version A Page 2 of 12 Accy 201

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