Fall 2012
Maureen Stapleton
RSM330 Homework Assignment 1
Due: October 4, 2012 in Class
TO BE DONE IN GROUPS
Only one copy of your write-up should be submitted for your group. Each member of the
group will receive the same mark on the assignment.
Please us

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RSM330 Midterm Solution 2009
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2. (a).
3. (d).
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4. (c).
5. (d).
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6. (c).
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7. (b).
8.
Over-reaction story (5 points): When some stocks recently had bad news (e.g., poor earnings reports), investors

1
Solutions to Practice Problems Bodie 7th edition
CHAPTER 2 FINANCIAL MARKETS AND INSTRUMENTS
10. a. The index at t = 0 is (60 + 80 + 20)/3 = 53.33. At t = 1, it is (70+70+25)/3 = 55, for a rate of
return of 3.13%.
b.
Stock
Q
P0
Market Value
P1
Market Va

RSM330 Final Exam: Sample 1
1. (7 points) In an e cient market, the average stock return on a portfolio of well-managed rms must
be higher than the average stock return on a portfolio of poorly-managed rms.
True or false? Explain briey.
2. (7 points) For

RSM330 Final Exam Sample 1 - Solutions
1. False. In an e cient market, average return is determined only by risk. There is no support to the
claim that well-managed rms are riskier than poorly-managed rms.
2. False. For small stocks with high book-to-mark

CHAPTER 9
MARKET EFFICIENCY
1.
Zero. If not, one could use returns from one period to predict returns in later
periods and make abnormal profits.
2.
c. This is a predictable pattern in returns which should not occur if the weak-form
EMH is valid.
3.
c. Th

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University of Toronto - Rotman School of Management
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RSM 330 Midterm Exam
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Duration: 1 hour 50 minutes
February 23, 2009
Please do not open this exam until you get go-ahead.
Do
This is a closed book exam. You can have a crib/formula sh

University of Toronto & Rotman Commerce
RSM 330 Midterm Exam SOLUTION
October 27, 2011
Duration: 1 hour 30 minutes
Please do not open this exam paper until you are instructed to do so
This is a closed book exam. A non-programmable calculator is allowed.

RSM 330
Fall 2013
Practice Midterm (Solution)
Notes:
1, The total is 100 points.
2, Problems 1 through 38 are multiple choices. Each correct
answer gives you 1.5 point. Clearly indicate your choice.
No partial credit for multiple choices.
3, For the True/

RSM330 Final Exam Sample 1 Solution
1. False. In an ecient market, average return is determined only by risk. There is no support to the claim
that well-managed rms are riskier than poorly-managed rms.
2. False. For small stocks with high book-to-market r

RSM330 Final Exam: Sample 1
1. (8 points) In an ecient market, the average stock return on a portfolio of well-managed rms must be
higher than the average stock return on a portfolio of poorly-managed rms.
True or false? Explain briey.
2. (8 points) For a

University of Toronto 4°
Faculty of Arts and Science {QzQ‘
Rotman Schoolggf Management
RSM 33OHlS — Investments
Final Examinations, August, 2011
Duration: 3 hours
Aids allowed: Hand-held, battery-operated calculator
Please answer all questions on this exa

UNIVERSITY OF TORONTO
Faculty of Arts and Science
and ‘ .
Rotman School of Management 4%} w
Final Examinations, December 2009 I
RSM330H1F - Investments
Duration — 2 hours
Please do not open this exam until you are told to do so.
0 Please write your answ

UNIVERSITY OF TORONTO
Faculty of Arts and Science
and ‘ .
Rotman School of Management 4%} w
Final Examinations, December 2009 I
RSM330H1F - Investments
Duration — 2 hours
Please do not open this exam until you are told to do so.
0 Please write your answ

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Multiple Choice Questions: (Total of 60 points). Please answer in pencil on the Scantron sheet.
Each of Questions 1 through 15 is worth 4 points and has only one correct answer.
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1. You invest $100 in a risky asset with an expected rate of re

Rotman Commerce
University of Toronto
RSM 330 H1S Mid Term Exam
February 27, 2015
Instructor: Maureen Stapleton
Instructions:
You have 90 minutes for this exam.
Complete your Scantron and use it to answer ALL QUESTIONS on this exam
Formulas: Selected form

Rotman Commerce
University of Toronto
RSM 330 H1S Mid Term Exam
February 27, 2014
SOLUTIONS
Instructor: Maureen Stapleton
Instructions:
You have 90 minutes for this exam.
Part A: Complete your Scantron and use it to answer Part A of this exam.
Part B: Ans

Rotman Commerce
University of Toronto
RSM 330 H1S Mid Term Exam
February 27, 2014
Instructor: Maureen Stapleton
Instructions:
You have 90 minutes for this exam.
Part A: Complete your Scantron and use it to answer Part A of this exam.
Part B: Answer on thi

UNIVERSITY OF TORONTO
Faculty of Arts and Science
and
Rotman School of Management
Final Examinations, August 2010
RSM330H1S Investments
SOLUTIONS
Duration - 2 hours
Please do not open this exam until you are told to do so.
THIS IS A RESTRICTED EXAM.
PLEAS

RSM330 Final Exam: Sample 1
1. (7 points) In an ecient market, the average stock return on a portfolio of well-managed rms must
be higher than the average stock return on a portfolio of poorly-managed rms.
True or false? Explain briey.
2. (7 points) For a

RSM330 Final Exam Sample 1 - Solutions
1. False. In an ecient market, average return is determined only by risk. There is no support to the
claim that well-managed rms are riskier than poorly-managed rms.
2. False. For small stocks with high book-to-marke