FINANCE 251 Practice Mid Semester Test
1. In efficient market is one where
A. prices of stocks move up and down widely without apparent reason.
B. prices of stocks remain steady for long periods of time.
C. prices of stocks are unaffected by market news.

QUESTIONS:
Projecting free cash flow to firm
Use the template provided in the "Projection and DCF" worksheet to project cash flows between 2014 and 2018.
First, populate the 2013 numbers by linking them to the corresponding cells. Second, use the followin

THE RISE OF A GIANT:
SECURITIZATION AND THE GLOBAL FINANCIAL CRISIS
Dov Solomon
The rapid growth of the securitization market was a primary factor in the 2008
global financial crisis. This article explores the emergence and explosive
growth of asset secur

Department of Mathematics
Maths208
Practise Set for Mid-semester Test
Questions on the test will be in a multi-choice format and may vary from the form of these questions, but
practising these questions will help you prepare for the test.
1.
a) A company

VERSION 1
THE UNIVERSITY OF AUCKLAND
MATHS 208
2013 SEMESTER 1 TEST
MATHEMATICS
General Mathematics 2
(Time allowed: 60 MINUTES)
NOTE:
This test will begin with 5 minutes of reading time.
You may not write anything or use a calculator in this time.
This

VERSION 1
THE UNIVERSITY OF AUCKLAND
MATHS 208
2014 SEMESTER 2 TEST
MATHEMATICS
General Mathematics 2
(Time allowed: 60 MINUTES)
NOTE:
This test will begin with 5 minutes of reading time.
You may not write anything or use a calculator in this time.
This

Intermediate Microeconomics
ECNS 301
Fall 2015
Homework #: 8
Due by the beginning of class on: Tuesday December 1, 2015
Name:
Instructions:
There are 3 questions worth a total of 100 points. Answer each question clearly and
concisely. You must show your w

Chapter 6. Least Squares Problems
A basic problem in science is to fit a model to observations subject to errors. It is clear that the more observations that are available, the more accurately will it be
possible to calculate the parameters in the model.

Chapter 20
Five debates over
macroeconomic policy
1
Five debates over macroeconomic
policy
1. Should monetary and fiscal policymakers try to
stabilise the economy?
2. Should monetary policy be made by rule rather than
by discretion?
3. Should the central

Finance 2 for IBA (30J201)
F.Feriozzi
Final exam
December 14th, 2011
Part One: Multiple-Choice Questions (45 points)
Question 1
d'Anconia Copper is an all-equity firm with 60 million shares outstanding, which are currently
trading at $20 per share. Last m

CHAPTER 16
1. How has Beethoven helped to shape modern attitudes toward art music, the role of the
composer, and the relationship between composer, patron, and audience? Why does the
composers biography take on such importance for understanding his work?

Econ 2020a/ API 111 / HBS 4010
Fall 2008
Solutions: Problem Set 2
1. Cobb-Douglas Utility
1a) The utility function is homogenous of degree (a1+a2) in (x1,x2). To see this, multiply both
x1 and x2 by :
u (x1 , x 2 ) (x1 ) a1 (x 2 ) a 2 a1 a 2 x1a1 x 2a 2 a

Macroprudential policy and
its instruments
Jan Frait
Executive Director
Financial Stability Department
in tracking systemic risk we
should avoid a false sense of precision
it is better to be approximately right
than precisely wrong
Claudio Borio, BIS (2

Solutions: Problem Set 9
Econ 2020a/ API 111
Fall 2008
1.
a) For an interior solution: In terms of solving for the offer curve for Leontief
preferences, the UMP is only satisfied for a consumer at the vertex of his/her L-shaped
indifference curves.
Thus,

Assignment 6.1 Solutions
1. Write a brief overview concerning stock valuation. Your overview should include:
A. A brief explanation of the legal rights and privileges of common stockholders.
Answer:
The common stockholders are the owners of a corporation,

Answer Key to Problem Set #2: Expected
Value and Insurance
1
3
1. (a) We have u (w) = 12 w 2 , so u (w) = 41 w 2 . As we will see below,
u (w) < 0 indicates that the individual is risk-averse.
(b) The expected amount of money he will lose is
(.2)($300) +

Consumers Price Index: March 2015 quarter
Embargoed until 10:45am 20 April 2015
Key facts
Quarterly change
In the March 2015 quarter compared with the December 2014 quarter:
The consumers price index (CPI) fell 0.3 percent to a level of 1193.
Petrol price

Exchange rate movements and consumer prices:
some perspectives
Miles Parker
Economic developments in the rest of the world affect New Zealand consumer prices. This article traces the
channels through which the consumers price index (CPI) is affected by th

MATHS 208
THE UNIVERSITY OF AUCKLAND
SECOND SEMESTER, 2013
Campus: City
MATHEMATICS
General Mathematics 2
(Time allowed: TWO hours)
NOTE:
Answer All SIX questions.
Each question is worth 20 marks, giving a total of 120 marks.
You must give full working

MATHS 208
THE UNIVERSITY OF AUCKLAND
FIRST SEMESTER, 2015
Campus: City
MATHEMATICS
General Mathematics 2
(Time allowed: TWO hours)
NOTE:
This exam contains SIX questions on pages 2 to 5. Answer All SIX questions.
Each question is worth 20 marks, giving

MATHS 208
THE UNIVERSITY OF AUCKLAND
FIRST SEMESTER, 2013
Campus: City
MATHEMATICS
General Mathematics 2
(Time allowed: TWO hours)
NOTE:
Answer All SIX questions.
Each question is worth 20 marks, giving a total of 120 marks.
You must give full working

Problem Set #2: Expected Value and Insurance
1. An individual with initial wealth of $400 has a 20% chance of getting in
an accident. If he gets in an accident, he will lose $300, leaving him with
$100; if he doesnt, he loses nothing. He maximizes expecte

Problem 2
You work at Citibank New Zealand. Your client (an importer in NZ) calls you and says that she
expects to pay USD 1M in 6 months time and would like to hedge her position by trading forward
contracts. Suppose that NZD/USD S0 = 1.1693; F0,6=1.189;

VERSION 1
THE UNIVERSITY OF AUCKLAND
MATHS 208
2014 SEMESTER 1 TEST
MATHEMATICS
General Mathematics 2
(Time allowed: 60 MINUTES)
NOTE:
This test will begin with 5 minutes of reading time.
You may not write anything or use a calculator in this time.
This

Department of Mathematics
Maths 208
1.
Mid-term Practise set
Solutions
a) instantaneous rates of change of P w.r.t. production of standard and high resolution monitors resp.
b)
(i) Tx : rate of change of temperature in x-direction
(ii) Ty : rate of change

Conference on Basel III
Financial Stability Institute
Basel 6 April 2011
Basel III: Stronger Banks and a More Resilient Financial System
Stefan Walter
Secretary General, Basel Committee on Banking Supervision
I.
Introduction
Thank you for the opportunity

Department of Mathematics
MATHS 208
Tutorial 1
dw
= ln(2).
1.
dt t=0
2.
z
z
= ex sin(y),
= ex cos(y),
x
y
z
z x
z y
(a)
=
+
= ex sin(y)t2 +
s
x s
y s
ex cos(y)(2st)
2
= tex (t sin(y)t+2s cos(y) = test (t sin(s2 t)+
2s cos(s2 t)
(b)
z
z x
z y
=
+
= ex sin