Formula Sheet
FV = PV (1+tr)
(1 r )t 1
FV C
r
FV = PV (1+r)t
1
1 (1 r )t
PV C
r
PV
FV
(1 r )t
PV
A
r
i
r 1
m
m
1
1 (1 r )t
PVD C
r
(1 r )
FVD FVRe gAnn (1 r )1
f
1
m
i
EAR 1 1
m
(1 r )t 1
F
Merger & Acquisition
Definitions: merger, consolidation, equity carve out, spin off, split
Process for acquisition by stock and acquisition by asset
Advantages and disadvantages of merger, acquisition
Please use the following information to answer the next TWO questions.
ATI Technlgys (ATY) 20.64
X
Mat
Type Vol
Bid
Ask
Open Interest
20
Mar
C
25
0.65
0.75
76
22
Mar
P
30
1.40
1.50
975
19
Apr
P
10
0.3
Please use the following information to answer the next TWO questions.
ATI Technlgys (ATY) 20.64
X
Mat Type Vol
Bid
Ask Open Interest
20
Mar C
25
0.65 0.75 76
22
Mar P
30
1.40 1.50 975
19
Apr P
10
0.3
Sample Midterm - CFIN 401
RYERSON UNIVERSITY
There are only 29 questions in the sample
test.
However, there will be 30 questions in the
mid term.
1. Please fill in the blank. The use of personal borro
Sample Midterm - CFIN 401
RYERSON UNIVERSITY
There are only 29 questions in the sample
test.
However, there will be 30 questions in the
mid term.
1. Please fill in the blank. The use of personal borro
FIN 401-021
RYERSON UNIVERSITY
Midterm Exam March 4, 2014 Prof. M. Toffanin
Version B
Time allowed: 2 hours
Aids allowed: Closed book except for an 8 1/2 by 11 crib sheet.
There are 30 multiple choice
Name: _
Student ID#: _
FIN 401-021
RYERSON UNIVERSITY
Midterm Exam October 22, 2013 Prof. M. Toffanin
Version B
Time allowed: 2 hours
Aids allowed: Closed book except for an 8 1/2 by 11 crib sheet.
Th
FIN 401-011
RYERSON UNIVERSITY
Mid-Term Exam October 25, 2012 M. Toffanin
Version A
Time allowed: 2 hours
Aids allowed: Closed book except for an 8 1/2 by 11 crib sheet.
Answer all multiple choice que
INTRO: Bond = IOU YTM = I% Coupon rate used in PMT [PMT = FV x Coupon rate) (e.g. if Semiannual:
divide by 2) Total Debt Ratio=(TA-TE)/TA Debt/Equity Ratio=Total Debt/Total Equity Long-term Debt
Ratio
REVIEW OF FIN300 OCF= EBIT(sales-COGS-Dep.-exp) + dep-tax NCS= End FA-Beg. FA
Change in NWC= End NWC-Beg. NWC CFFA= OCF + NCS changes in NWC
Total Debt Ratio=(TA-TE)/TA Debt/Equity Ratio=Total Debt/To
Incremental cash flows CFs that occur only if a project is accepted
Includes: opportunity costs, side effects to other projects, change in NWC, CCA depreciation tax
Does not include: sunk costs, finan