兹维博迪金融学第二版试题库4TB(1).pdfVIP

ChapterFour

AllocatingResourcesOverTime

Thischaptercontains46multiple-choicequestions,18shortproblemsand9longerproblems.

MultipleChoice

1.________istheprocessofgoingfrompresentvaluetofuturevalue,whereas________is

findingthepresentvalueofsomefutureamount.

(a)Discounting;compounding

(b)Compounding;annualizing

(c)Compounding;discounting

(d)Discounting;leasing

Answer:(c)

2.

horizoncanbereinvested.

(a)Internalrate

(b)Reinvestmentrate

(c)Costofequity

(d)Compoundinterest

Answer:(b)

3.Thedifferencebetweenanimmediateannuityandanordinaryannuityis________.

(a)thenumberofperiods

(b)theamountofthepayments

(c)theinterestrate

(d)thetimingofthepayments

Answer:(d)

4-1

4.ThepreferredstockofTavistockRealtyoffersacashdividendof$2.28peryearanditis

(a)2.07%

(b)2.12%

(c)2.28%

(d)48.25%

Answer:(a)

5.

interestrateincreasesduringthenext25years?

(a)itwillnotchange

(b)itwillbeworthmore

(c)itwillbeworthless

(d)itcannotbedetermined

Answer:(c)

6.

compoundedquarterly?

(a)6.12%

(b)8.24%

(c)8.48%

(d)17.17%

Answer:(b)

7.YoutakeoutaloanwithanAPRof10%withmonthlycompounding.Whatistheeffective

annualrateonyourloan?

(a)23.87%

(b)21.6%

(c)19.56%

(d)18%

Answer:(a)

4-2

8.TheCFOofCyberHelpInc.has$250,000incashtodaythathewantstoinvest.Howmuch

willthisinvestmentbeworthinfouryearsifthecurrentinterestrateis8%?

(a)$270,000

(b)$330,000

(c)$340,125

(d)$342,