3.2. 7.11 Divestitare ofpablic enterprises and coordination of private public
enterprises Government investment and Public Enterprise
53.4% of the corporate customers ranked Ministry of Finance positi
7. Ajournal entry to record a payment on account will include a
a. debit to Accounts Receivable.
b. credit to Accounts Receivable.
c. debit to Accounts Payable.
cl. credit to Accounts Payable.
Ans: c.
Aug. 15 Declared a $0.20 per share cash dividend, daTe of record AigisT 20.
OCT. 4 Declared a 10% sTock dividend when The sTocks markeT value is $26 per share.
OCT. 20 Issued a sTock dividend ThaT was
Excel: Finding IRR
Speaker 1:
If we have a lump sum, or if we have a payment the same sum of money for a finite
number of years, we can use the rate function in Excel to find the rate of return. But,
Excel: Finding Growing Perpetuity
Speaker 1:
The growing perpetuity formula is another one where it's just as easy to do this with a
regular calculator. However, growing perpetuity is often part of a
Excel: Finding PV FV Uneven Cash Flows
Speaker 1:
A lump sum problem is a single sum and annuity problem the same cash flow year after
year for a finite period of years. What if you have a timeline wh
Excel: Finding Perpetuity Rate
Speaker 1:
Sometimes you will run into a staple perpetuity or nongrowing perpetuity problem. In
this case, these are just as easy to solve with a regular calculator. Yo
Excel: Finding an Effective Rate
Speaker 1:
Another area for which you will want to use Excel as opposed to a calculator or formula,
is in calculating APR, annual percentage rate, or EAR, equivalent a
1) Regional fast food chain, McKing Corp., has 10,000 bonds outstanding, each with a
par value of $1,000 and have a market price of $950. They are semiannual, mature in 5
years, and pay a coupon of 4%
Review Chapters 1,3,4,5, & DuPont Eqn.
Chapter 1
M
1. Which of the following goals tend to encourage management to pursue stock 'ce Y
as a goal? cfw_ ix
2: a. iShareholdeis link managements compensa
Exam
Name_
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
1) In 2016, Terrapin Corporation had an 8 percent return on total assets of $300,000,
KEY  BMGT 340 Business Finance
Exam 3, Version 1, Spring 2017
Name_
MULTIPLECHOICE.Choosetheonealternativethatbestcompletesthestatementoranswersthequestion.
1)Jimmy has a portfolio that he has been r
BMGT340 Fall 2016 Final Exam Review
1) Regional fast food chain, McKing Corp., has 10,000 bonds outstanding, each with a
par value of $1,000 and have a market price of $950. They are semiannual, matur
Ama Adom.
1. The issue: Recently, the issue of NFL takin refusing to stand during National Anthem has sufficed. The
issue is whether under the constitution(supreme law of the land), Does The First Ame
BMGT 340
Fall 2017
Information for Exam 1
Chapters 1, 3, 4, & 5 and DuPont Eqn.
All sections of BMGT 340 (Hallows, Padhi)
Exam: Tuesday, October 3, 56:30 p.m.
Last name ALe: VMH 1212
Last name: LfZ
1
IMPLICATIONS OF FINANCE AS A BUSINESS RESOURCE
Implications of finance as a business resource
Name
School
Tutor
2
IMPLICATIONS OF FINANCE AS A BUSINESS RESOURCE
Introduction
Financial planning is an
Surname 1
Name
Instructor
Course
Date
How NAFTA Impacted Trade between the Countries Involved
NAFTA stands for the North America Free Trade Agreement. In essence, it is a trade
agreement, which was es
TERM STRUCTURE OF INTEREST RATES
There is no single market yield
 Every bond has its own yield
Bond Yields
All bond yields can be expressed as:
Bond Yield=Base Rate+ Spread


The base rate (the ben
premium estimates can range from equity premium tends to be large
and this can make a big difference. about 1% per year to about 8% per
yeara large range. To date, there is no universally accepted met
worked this out for you. In our example, the minimumvariance portfolio
has a weight of 76.191% on H and 23.809% on I, and it achieves 8.8
GRAPHING THE MEANVARIANCE EFFICIENT FRONTIER 237
Standard dev
are higher than Geometric versus arithmetic geometric rates of return.
(A +20% rate of return followed by a 20% rate of return averages,
Section 7.1A, p. 180 gives you a 0% arithmetic average, but lea
short rate, because shortterm bonds are typically safer and therefore
closer to the riskfree asset that is in the spirit of the CAPM. This is why
you may want to add another 1% to the equity premium
covariance term. It also means that we can compute the standard
deviation more easily: Sdv(rS) = (1/2)2 . 90% = 1/2 . 90% 1/2 .
9.49% 4.74% Sdv(rS) = (wH)2 . Var(rH) = wH . Var(rH) = wH .
Sdv(rH) (8.1
equity premiums. The equity premium estimation is usually done in two
steps: First, you must estimate a statistical regression that predicts next
years equity premium with this years dividend yield; t
high past equity returns could have been not just due to high exante
equity premiums, but due to historical bubbles in the stock market. The
proponents of the bubble view usually cannot quantify the
(20%) 2 + (20%) 2 = 2 . (20%) 2 = 800% Therefore, the standard
deviation is 2 . 20% 28%. (e) The Sharpe ratio is 2 . (12%
6%)/28% 0.43. (f) The variance is 4 . (20%)2 = 1600%. The
standard deviation
between 2% and 4%. (Incidentally, it is my impression that there is
relatively less disagreement about equity premium forecasts today than
there was just 5 to 10 years ago.) But realize that reasonabl
about 24.8% in I. (Work with the rounded numbers to make your life
easier.) With the riskfree asset offering 4%, what portfolio would you
purchase that has the same risk, and what would its improveme
Var(rP) = Var[wH . rH + (1 wH) . rI] (8.12) If there are assets that
can be combined to construct a riskfree asset, then the minimumvariance portfolio will touch the yaxis at 0. If there are only tw