Department of Ag and Resource Economics
UC Davis
ARE 171B Homework 4
Winter 2015
DUE: 1:40pm Tuesday, February 10 (i.e. before class)
Important:
You must write your answers on the sheet on pg. 2 of this assignment
and you must attach explanations and der
Department of Ag and Resource Economics
UC Davis
Answers to ARE 171B Homework 2
Winter 2015
Question 1
Are the following statements about the efficient-market hypothesis true or false?
(i) It implies perfect forecasting ability.
FALSE
(ii) It implies that
Department of Ag and Resource Economics
UC Davis
ARE 171B Homework 4 Answers
Winter 2015
1) The current price (MSRP) of a 2015 Infiniti Q40 sedan is $38,755 plus sales tax of
8%. The website edmunds.com states that consumers typically pay $5,800 less than
A RE 171A
MIDTERM'
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This exam has two sections. Section A consis~.Qf 11 multiple choice questions worth 10 points each for a total of 110 out of350 total possible points (about 31 % of exam). Section B is made up of 6 short problems, worth 40
Department of Ag and Resource Economics
UC Davis
ARE 171B Homework 5 Answers
Winter 2015
Anderson Corp has 2 million shares outstanding and a stock price of $25 per share.
Anderson Corp is planning to raise $20m of new equity by issuing 1 million new shar
A RE 171A
NAME:
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This exam has two sections. Section A consists of II multiple choice questions worth 10 points each for a total of 110 out of350 total possible points (about 31% of exam). Section B is made up of 6 short problems, worth 40 points each.
2 a. CVv = 6%/8% = ~J-. .75 CVf = 8%/11% .7273 Stock f (FU'nwOrld) IS ac ually less risky, based on CVJ han Victorymart It has a higher std. fleviation,so we might say it has a higher level of absolute risk. However, its relative risk (per percent of expe
ARE I71A
MIDTERM
NAME:
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This exam has two sections. Section A consists of 11 multiple choice questions worth 10 points each for a total of 110 out of 350 total possible points (about 31 % of exam). Section B is made up of 6 short problems, worth 40 point
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ARE 171A
1
FALL 2010
4-8
M IDTERM
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This exam has two sections. Section A consists of 11 multiple choice questions worth 10 points each for a total of 110 out of350 total possible points (about 31 % of exam). Section B is made
A RE 171A Fall 2010 HOMEWORK ASSIGNMENT 4 DUE Wednesday, Dec. 1st. in class 1. (34) Look up the following stocks at Yahoo Finance ticker symbols into the "quote" box: Air France (AKH) AT&T(T) Chiquita Brands (CQB) e-Trade (ETFC) Goodyear Tire and Rubber (
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3.:.-_K_EY _ F_all_20i] (I) cfw_These stocks appear to be positively correlated ,I because both perform best when the economy is strong, and worst when the economy is weak. (ii)
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From the table below, we se
Chapter 9 Stock Valuation
I) The Present Value of Common Stocks
A) Dividends vs. Capital Gains
1) An assets value is determined by the PV of its future cash flows
(a) Stocks have two kind of cash lows: dividends an
ARE 171a
Fall 2013
Homework 4
Due Wednesday, Dec. 4th, in class
1 . a. Starwood Corp. recently paid a dividend of $0.80/share. Its beta estimate is 1.2, and its
expected dividend growth is 5%. Find investors required rate of return for this stock, and the
ARE 171A
Fall 2013
HOMEWORK ASSIGNMENT 1
Due Monday, Oct. 21st, in class
1. Earnings versus cash flows. A new startup firm expects to generate $800,000 in
consulting fees each year, for the next 7 years (2013 through 2019, inclusive). Its op
ARE 171A Winter 2016
NAME:
This exam has two sections. Section A consists of 15 multiple choice questions worth 10 points each for a total
of 150 possible points (about 43% of exam).
Section B is made up of 5 short problems, worth 40 points each., for a t
Department of Ag and Resource Economics
UC Davis
Name:
Aaron Smith
ARE 171B Midterm 2
Winter 2014
You have 80 minutes to complete this exam. You may not use any help apart from a
calculator and the formulas on the last page of the exam. You should have 11
Department of Ag and Resource Economics
UC Davis
Name:
Aaron Smith
Answers to ARE 171B Midterm 2
Spring 2008
You have 80 minutes to complete this exam. You may not use any help apart from a
calculator and the formulas on the last page of the exam. You sho
Department of Ag and Resource Economics
UC Davis
Name:
Aaron Smith
ARE 171B Midterm 2
Winter 2015
You have 80 minutes to complete this exam. You may not use any help apart from a
calculator and the formulas on the last page of the exam. You should have el
Department of Ag and Resource Economics
UC Davis
ARE 171B: Answers to Midterm 1
Winter 2013
Total Available Points: 100
Question 1
a) The CAPM assumptions are unrealistic. Explain why we spend time studying them.
(10 points)
When we impose these assumptio
Department of Ag and Resource Economics
UC Davis
Name:
ARE 171B Midterm 2
Winter 2014
You have 80 minutes to complete this exam. You may not use any help apart from a
calculator and the formulas on the last page of the exam. You should have 11 pages of
qu
Department of Ag and Resource Economics
UC Davis
Name:
Aaron Smith
ARE 171B Midterm 1
Winter 2015
You have 80 minutes to complete this exam. You may not use any help apart from a
calculator and the formulas on the last page of the exam. You should have 10
Chapter 13 Risk, Cost of Capital, and Capital Budgeting
I) The Cost of Equity Capital
1) When a firm has extra cash, they can either pay investors a dividend or invest it in a project
2) Discount/required rate of a
Chapter 12 The Arbitrage/Asset Pricing Theory
I) Systematic Risk and Betas
A) Beta Coefficient tells us the response of the stocks return to a systematic risk (inflation, GDP, etc.)
1) A more general version of beta
Chapter 14 Efficient Capital Markets and Behavioral
Challenges
I) Can Financing Decisions Create Value?
A) Financing Decisions how much and what types of debt and equity to sell and when to sell them
1) Evaluate the
ARE 171a
Homework 3
Fall 2013
(due in class Monday, Nov. 25)
1. (10) Jennifers portfolio consists of three stock holdings, with their portfolio weights shown:
171 A Corporate Finance
Whitney
Discussion 2
Thursday October 3, 2013
Dunder Mifflin Paper Company expects to generate $1,000,000 in paper sales each
year for the next five years (2013-2017). It expects $800,000 a year in COGS (cost
of goods sold)