13-14degreBFIN001期中试卷.docVIP

2013-2014 Spring Mid-Term ExamTerm Ⅲ NAMES: (Chin) _______ (Eng) ______ (Pinyin) _______ ID: ___ __ Class: ______ Course Code BFIN001) Course Name Intro.to Financial Management Instructor 陈影 李玉博 王妍玲 王立夏 甘丽凝 Major 12 degree QUESTION MARKS QUESTION MARKS A /30 BQ5 /20 BQ1 /10 BQ2 /10 BQ3 /15 BQ4 /15 TOTAL /100 TIME : 1.5 hours Part A – Multiple Choices (Total 30 Marks/2’Each) 1.?The term capital structure refers to:? A.?the manner in which a firm obtains its long-term sources of funding.B.?the length of time needed to repay debt.C.?whether the firm invests in capital budgeting projects.D.?which specific assets the firm should invest in. 2.?Which of the following statements more accurately describes the controller than the treasurer?? A.?Likely to be the only financial executive in small firmsB.?Monitors capital expenditures to make sure that they are not misappropriatedC.?Responsible for investing the firms spare cashD.?Responsible for arranging any issue of common stock 3.?Which of the following is least likely to represent an agency problem?? A.?Lavish spending on expense accountsB.?Plush remodeling of the executive suiteC.?Excessive investment in safe projectsD.?Executive incentive compensation plans 4.?A corporation has promised to pay $1,000 20 years from today for each bond sold now. No interest will be paid on the bonds during the 20 years, and the bonds are discounted at a 7% interest rate. Approximately how much should an investor pay for each bond?? A.?$70.00B.?$258.42C.?$629.56D.?$857.43 5.?What will be the monthly payment on a home mortgage of $75,000 at 12% interest, to be amortized over 30 years?? A.?$771.46B.?$775.90C.?$1,028.61D.?$1,034.53 6.?What APR is being earned on a deposit of $5,000 made 10 years ago today if the deposit is worth $9,948.94 today? The deposit pays interest