UNIVERSITY OF SOUTH CAROLINA
FINA 363 EXAM 1
VERSION A
Darla Moore School of Business
This is a closed-book, closed-note, closed-internet, closed-person exam. You are permitted one 8.5x11
inch sheet of paper with whatever information you deem relevant, a
Finance 363
Mid-term 1
Form 2
Name_
Blackboard USER
ID_
1)
If $14868 is invested today in a savings account at an annual interest rate
compounded annually at a rate of: 14% the balance 24 years hence will be:
2)
If you want to have: $18672, 2 months from
Finance 363
Mid-term 1
Form 1
Name_
Blackboard USER
ID_
1)
If $41731 is invested today in a savings account at an annual interest rate
compounded annually at a rate of: 1% the balance 6 years hence will be:
2) If you want to have: $37789, 7 months from to
Finance 363
Mid-term 1
Form 5
Name_
Blackboard USER
ID_
1)
If $11031 is invested today in a savings account at an annual interest rate
compounded annually at a rate of: 11% the balance 5 years hence will be:
2)
If you want to have: $6936, 5 months from to
Finance 363
Mid-term 1
Form 6
Name_
Blackboard USER
ID_
1)
If $8293 is invested today in a savings account at an annual interest rate
compounded annually at a rate of: 11% the balance 10 years hence will be:
2)
If you want to have: $4731, 1 months from to
Finance 363
Mid-term 1
Form 3
Name_
Blackboard USER
ID_
1)
If $41410 is invested today in a savings account at an annual interest rate
compounded annually at a rate of: 3% the balance 14 years hence will be:
2)
If you want to have: $9325, 9 months from to
Finance 363
Mid-term 1
Form 4
Name_
Blackboard USER
ID_
1)
If $46724 is invested today in a savings account at an annual interest rate
compounded annually at a rate of: 11% the balance 21 years hence will be:
2)
If you want to have: $22093, 8 months from
Finance 363
Exam 3
Form B
Spring 2012
The following 12 questions are worth 6 points each = 72 points.
Q1. Suppose the annual yield on a 2-year Treasury bond is 8.5% and the yield on a 1-year bond
is 2%. Using the expectations theory, forecast the interest
Finance 363
Exam 3
Form A
Spring 2012
The following 12 questions are worth 6 points each = 72 points.
Q1. Suppose the annual yield on a 2-year Treasury bond is 6.25% and the yield on a 1-year bond
is 5%. Using the expectations theory, forecast the interes
Finance 363 Fall 2011 Mid-term 1
Form A
The following questions are worth 3pts each:
Harry BMOC Smith has run his credit card to its $7,500 max. The interest rate is 21% per year
APR, compounded monthly. If Mr. BMOC makes the minimum monthly payment of $1
Finance 363 Fall 2011 Mid-term 1
Form B
Harry BMOC Smith has run his credit card to its $7,500 max. The interest rate is 21% per year
APR, compounded monthly. If Mr. BMOC makes the minimum monthly payment of $134.42 per
month and makes no more charges,
1.
Finance 363 Fall 2011 Mid-term 1
Form C
Harry BMOC Smith has run his credit card to its $7,500 max. The interest rate is 21% per year
APR, compounded monthly. If Mr. BMOC makes the minimum monthly payment of $137.30 per
month and makes no more charges,
1.