Towson University
Fin333.001
Midterm Exam
Prof. Rhee
Spring 2011
Name:_
ID#:_
1. Real assets in the economy include all but which one of the following?
A. Land
B. Buildings
C. Consumer durables
D. Co
Exercises on Performance Evaluation
1._ did not develop a popular method for riskadjusted performance evaluation of mutual funds.
A) Eugene Fama
B) Michael Jensen
C) William Sharpe
D) Jack Treynor
E)
SAMPLE MIDTERM QUESTIONS
William L. Silber
HOW TO PREPARE FOR THE MID TERM:
1. Study in a group
2. Review the concept questions in the Before and After book
3. When you review the questions listed b
Oct 5, 2014
PORTFOLIO ANALYSIS
Summary
Holding a .42 Sharpe ratio, our portfolio is performing relatively satisfactory. Criterions we used
in this assessment are optimal return, standard deviation and
5) Consider the free cash flow approach to stock valuation. Utica Manufacturing Company is
expected to have beforetax cash flow from operations of $500,000 in the coming year.
The firm's corporate ta
100YEAR BOND ANALYSIS CASE
November 2nd
Menglei Lu
Yijia Liu
Keiman Ng
Xiaotong Zhang
Yihan Zhang
Duration and convexity were the most important and popular factors in managing our bond
portfolios. D
Practice Questions for Final Exam, FIN 623
1. Security A has an expected rate of return of 0.10 and a beta of 1.1. The market expected
rate of return is 0.08 and the riskfree rate is 0.05. The alpha
Tulane University
A.B. Freeman School of Business
FIN7160 Investment Theory and Practice
Fall 2014
All Sections
GWHII 2110
David A. Lesmond
Oce: M136
8655665
Oce Hours:
M: 5:30 7:00 p.m.
Course Outlin
,
Basic mathematical knowledge
October 25, 2016
,
Numerical sets
N = cfw_0, 1, 2, 3,
set of natural numbers.
Z = cfw_0, 1, 2, 3,
set of integer numbers.
Q = cfw_ qp : q Z, p N, p 6= 0
set of rationa
,
Descriptive Statistics
October 18, 2016
,
Statistics is a branch of Mathematics that deals with the collection,
classication, analysis, and interpretation of numerical facts or data.
Information may
,
Lecture notes on Calculus
November 1, 2016
,
The goal of the present lecture notes is not to transform you in a
basic notions from
mathematical analysis in order to make understandable denitions and
CHAPTER 3: HOW SECURITIES ARE TRADED
PROBLEM SETS
1.
DJ
Answers to this problem will vary.
The dealer sets the bid and asked price. Spreads should be higher on inactively traded
stocks and lower on ac
Chapter 09  The Capital Asset Pricing Model
Chapter 09
The Capital Asset Pricing Model
Multiple Choice Questions
1. In the context of the Capital Asset Pricing Model (CAPM) the relevant measure of ri
P172, P176, P1710
Oct 4 statement
of CF
1) Operating CFCFs related to transactions related to production and delivery of goods
and services.
Cash basis income.
2) Investing CFsbuying or selling of
P53
Analyzing credit risk analysis and longterm solvency
Requirement 1:
Two coverage ratios are provided. The interest coverage ratio is
computed as earnings before interest and taxes (EBIT) divided
E513 Causeofchange analysis
Requirement 1:
($ in millions)
Causes of change in net income
Net income 2013
$1,364.0
Effect of increase in sales
[$1,000 x (145%15%)]
248.0
Effect of increase in COGS%
Oct 21 SE
Income or loss comes only form transactions with OUTSIDERS.
Assets

liabilities
=
Net capital deployed or the firm
owners equity
contributed/earned and retained by the firm
E158 Newton
DR
Problems Add Read P611
Nov 25
Valuation:
1) Forecast a valuerelevant attribute such as
Distributable or free cash flows
Accounting earnings
Balance sheet BVs
2) Determine the risk or uncertainty of
E1516. Employee stock options
(AICPA adapted)
Under the fair value method now required by GAAP, Amos would
record on the options grant date an expense equal to the value of
the options granted. Accor
E153. Retiring common stock
(AICPA adapted)
Because the shares are retired rather than held in treasury, they
are removed from the books of Peter Corporation. No gain or loss is
recorded because the
E74. Sunshine Groceries Inc.: Salesbased bonus plan
There are two different ways to grow sales at Sunshine Groceries:
(i) grow sales at existing stores by increasing customer traffic and/or
the amou
P172. Cash flow statement under indirect method
P176. Reconciling changes in balance sheet accounts with amounts
reported in the cash flow statement
Requirement 1:
For Publix, the decrease in receiv
13.78 D
12.1 D
377.8 C
239.38 C
1997
100year
30year
10%
20%
30%
40%
50%
60%
70%
80%
90%
today
100y
100y
30y
13.57 D
286.37 C
today
100y
100y
17.086 D
559.53 C
30y
12.1
239.38
D
90%
80%
70%
60%
50
Sample Questions Chapter 2
Question 1)
Based on the information given in the above table, for a priceweighted index of the three
stocks calculate:
a. the rate of return for the first period (t = 0 to