Page 1 of 8
SURNAME: _
FIRST NAME/S: _
SID NUMBER: _
Discipline of Finance
FINC 2011 CORPORATE FINANCE 1
Early Semester Quiz
Example 2
Time Allowed: 40 minutes
Format:
A total of 20 multiple choice questions each worth one (1) mark
This exam constitutes 1
FINC5001 Capital Market and Corporate Finance
Workshop 10 - The Pricing Efficiency of Capital Markets
1. Basic Concepts Review
a) What are the three different levels of market efficiency?
Markets are efficient if prices reflect all available information a
Page 1 of 4
START A NEW BOOKLET
Question 1
(30 marks)
Xentia Technologies Group (XTG) is considering investing in developing new 4D
television technology. The CEO of XTG, Ms Jane Smith, has appointed you to
evaluate the proposal for the board. If the new
Topic Four: Capital Budgeting
Dr Peter John
BUSINESS
SCHOOL
This lecture
PART I
Nature of capital budgeting
Review of the project evaluation techniques
Justification of NPV technique
PART II
Issues in applying NPV technique including
- which cashflows to
FINC 5001 Capital Markets and Corporate Finance
Tutorial Questions and Solutions
Topic 5 Risk and Return
Discussion Question 6 (Chapter 6)
What is the advantage of an accumulation index, such as the S&P/ASX 200
Accumulation Index or the All Ordinaries Acc
FINC 5001 Capital Markets and Corporate Finance
Tutorial Questions and Solutions
Topic 5 Risk and Return
Discussion Question 6 (Chapter 6)
What is the advantage of an accumulation index, such as the S&P/ASX 200
Accumulation Index or the All Ordinaries Acc
SURNAME: _
FIRST NAME/S: _
SID NUMBER: _
Discipline of Finance
FINC 5001
Capital Markets and Corporate Finance
Mid-Semester Exam
MASTER COPY WITH SOLUTIONS
Semester Two 2012
Saturday 25 August 2012
Time Allowed: 60 minutes
Format:
20 multiple choice quest
Topic Four: Capital Budgeting I:
Basic Techniques
Susan Thorp
BUSINESS
SCHOOL
The story so far
The corporate objective is to maximise the value of the corporation via
investment decisions; financing decisions and dividend decisions
Capital markets are p
Topic 3
Valuation of Stocks and Bonds
Craig Mellare
BUSINESS
SCHOOL
This Lecture
What you should know by the end of this lecture
- Application of financial mathematics
- How to value a firm
- How to value debt and equity securities
- Share valuation mode
FINC 5001 Capital Markets and Corporate Finance
Tutorial Questions and Solutions
Topic 6 Capital Asset Pricing Model (CAPM)
Discussion Question 12 (Chapter 7)
If everyone in the market is risk neutral, that is, they only care about expected
returns and no
FINC 5001 Mid-Semester Exam Practice Questions
1.
You expect to earn $100,000 in 2013 and $130,000 in 2014. If you decided
to consume $80,000 in 2013 and market interest rates were 10% p.a.
compounded semi-annually over the period, what is the most you co
Question 2
(30 marks)
You have recently been hired as an analyst with Triumvirate Brothers investment
bank. As your first assignment, your manager has assigned you the task of
examining several issues regarding Octavian Enterprises Limited (OEL), company
FINC 5001 Capital Markets and Corporate Finance
Tutorial Questions and Solutions
Topic 1 Preliminary concepts
DQ 2
The text refers to three types of financial decision the investment decision, the
financing decision, and the dividend decision. Describe ea
Question 2
(30 marks)
You have recently been hired as an analyst with Triumvirate Brothers investment
bank. As your first assignment, your manager has assigned you the task of
examining several issues regarding Octavian Enterprises Limited (OEL), company
Topic Two: A Review of Financial
Mathematics
Craig Mellare
BUSINESS
SCHOOL
This Lecture
By the end of this lecture you should be able to:
- Calculate accumulated cash positions
- Value assets with different cashflows
- Understand different types of inter
SURNAME: _
FIRST NAME/S: _
SID NUMBER: _
Discipline of Finance
FINC 2011 CORPORATE FINANCE 1
Early Semester Quiz
Example 1
Time Allowed: 40 minutes
Format:
A total of 20 multiple choice questions each worth one (1) mark
This exam constitutes 15% of your o
Semester 1, 2010
SURNAME: _
Page 1 of 8
FIRST NAME/S: _
SID NUMBER: _
Discipline of Finance
FINC 2011 CORPORATE FINANCE 1
Early Semester Quiz
Semester one
Thursday Exam
1 April 2010
Time Allowed: 40 minutes
Format:
A total of 20 multiple choice questions
Page 1 of 7
FINC 5001 Capital Markets and
Corporate Finance
Practice Final Exam
Suggested time: 150 minutes
Page 2 of 7
Question 1
(20 marks)
Modigliani and Miller (M&M) hypothesized that both dividend policy and capital
structure policy are irrelevant in
FINC 5001 Mid-Semester Exam Practice Questions
1. You expect to earn $100,000 in 2013 and $130,000 in 2014. If you decided to consume
$80,000 in 2013 and market interest rates were 10% p.a. compounded semi-annually
over the period, what is the most you co
Page 1 of 10
FINC 5001 Capital Markets and
Corporate Finance
Practice Final Exam
Suggested Solutions
Suggested time: 150 minutes
Page 2 of 10
Question 1
(20 marks)
Modigliani and Miller (M&M) hypothesized that both dividend policy and capital
structure po
Page 1 of 10
FINC 5001 Capital Markets and
Corporate Finance
Practice Final Exam
Suggested Solutions
Suggested time: 150 minutes
Page 2 of 10
Question 1
(20 marks)
Modigliani and Miller (M&M) hypothesized that both dividend policy and capital
structure po
FINC 5001 Mid-Semester Exam Practice Questions
1. You expect to earn $100,000 in 2013 and $130,000 in 2014. If you decided to
consume $80,000 in 2013 and market interest rates were 10% p.a.
compounded semi-annually over the period, what is the most you co
FINC 5001 Mid-Semester Exam Practice Questions
1.
You expect to earn $100,000 in 2013 and $130,000 in 2014. If you decided
to consume $80,000 in 2013 and market interest rates were 10% p.a.
compounded semi-annually over the period, what is the most you co
Capital Markets and
Corporate Finance:
FINC5001
Dr. Reuben Segara
Finance Discipline
School of Business
University of Sydney
1
Dividend Policy
2
This Lecture
PART I Dividend Fundamentals
What is Dividend Policy?
Institutional Features of Dividends
Types o
START A NEW BOOKLET
Question 2
(30 marks)
EITC Ltd is a small shipping company that is considering upgrading its shipping
capacity. At present the company owns and operates the Black Pearl as its main ship
but is considering replacing it with a new ship c
Practical questions
1.
Consider a project with the following cash flows:
Year
0
1
2
3
4
5
Cash flow
-120
30
35
40
50
55
(a)
If the opportunity cost of capital is 10%, should the project be
accepted?
(b)
If the opportunity cost of capital is 15%, should th
Question 2
50 Marks
Biogen Ltd is a biogenetic pharmaceutical company based in Sydney. Recent
expansion has meant that the company is now selling its products throughout the
Asia-Pacific region. Until now the company has relied upon NTN Transport Ltd to
t
A Review of Financial Mathematics,
Discussion questions
1.
What is meant by the intrinsic value of an asset? What action would you
take if you observed an asset that was selling at less than its intrinsic value?
ANSWER
Intrinsic value is the true value of
Question 1: Net Present Value
A company is considering undertaking a project, which is
expected to have a useful life of four years. Its current
purchase price is $2,500. It has an associated working
capital requirement that varies over its life. Estimate
Practice Question 4: Portfolio Risk and Return & CAPM
The risk-free rate is 10% per annum, the expected return
on the market is 18% per annum, and the standard
deviation of the market is 15%. A particular share has a
standard deviation of 45%, a correlati
Question 1: Net Present Value
A company is considering undertaking a project, which is
expected to have a useful life of four years. Its current
purchase price is $2,500. It has an associated working
capital requirement that varies over its life. Estimate
Practice Question 2
V8 Pizza Ltd is considering expanding its operation requires the purchase of a new
industrial oven. The machine cost $1,000,000 and has an economic life of 5 years. It
will be depreciated for tax purposes at 10% p.a. of initial cost
Ex