mtexam1_f10 - Midterm Exam#1 Finance 325 Name Exam...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Midterm Exam #1 Finance 325 September 28, 2010 Name: Exam Instructions: This exam should have 6 pages (including this one) and 5 questions. The point value is given for each problem. The entire exam is worth 100 points. You may use a calculator and the provided formula sheet on this exam. You must show your work in order to receive credit for your answers. Partial credit will be given for partially correct answers. If a question asks “Why/Explain”, you should give an explanation that would convince a skeptic. You may use the back of a page if you need additional space to write an answer. Suggestions: Use your time wisely. Move on to another problem if you feel like you’re stuck. You may ask me questions if you are unclear about a problem. I may be able to clarify the problem for you. GOOD LUCK!!
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
2 Throughout the exam, assume that inflation is 4.8% APR, compounded monthly. 1. Explain why the yield curve is usually upward-sloping. (12 pts) 2.
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern