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Financial literacy

81314 questions • Page 143 / 1627

23 13. B) D) Selling a bond at a premium is selling the bond for more than face
23 13. B) D) Selling a bond at a premium is selling the bond for more than face value selling the bond for face value selling the bond for less than face value increasing the inte…
23 Millinneals are living with their parents and accepting financial assistance
23 Millinneals are living with their parents and accepting financial assistance from them for longer into their lifetimes than previous generations. As a result the parents of Mil…
23) Actively managed mutual funds charge higher management fees than passive fun
23) Actively managed mutual funds charge higher management fees than passive funds. Assume that the net return to an active fund (after fees) is 9.5% (0.79% per month) and the net…
23) Bill has been adding funds to his investment account each year for the past
23) Bill has been adding funds to his investment account each year for the past 3 years. He started with 23) an initial investment of $1,000. After earning a 10% return the first …
23) Case wall Street journal Dow Jones & Company has given you an aray of subscr
23) Case wall Street journal Dow Jones & Company has given you an aray of subscription options for the wll Stree Joumal A one year subscription costs $75 a three year subscrip…
23) In order to reduce agency problems, managers may be provided compensation th
23) In order to reduce agency problems, managers may be provided compensation that includes: A) A fixed salary so managers' pay is not at risk, allowing managers to focus on the c…
23) Scot and Vidia, married taxpayers, earn $184,000 in taxable income and $5,00
23) Scot and Vidia, married taxpayers, earn $184,000 in taxable income and $5,000 in interest from an investment in City of Tampa bonds. (Use the U.S. tax rate schedule). a. If Sc…
23) The risk-free rate is 3.4 percent and the expected return on the market is 1
23) The risk-free rate is 3.4 percent and the expected return on the market is 10.8 percent. Stock A has a beta of 1.18. For a given year, stock A returned 13.6 percent while the …
23) Use the dividend growth model to determine the required rate of return for e
23) Use the dividend growth model to determine the required rate of return for equity. Your firm intends to issue new common stock. Your investment bankers have determined that th…
23) You are thinking of adding one of two investments to an already well diversi
23) You are thinking of adding one of two investments to an already well diversified portfolio. Security A Expected return 15% Standard deviation of returns Beta 3.8 Security B Ex…
23- Tracking your movements without consent is most related to the? trend, _____
23- Tracking your movements without consent is most related to the? trend, ___________, where technology trends raise ethical issues. A. data analysis advances B. computing power …
23-1 A bank purchases a six-month $3 million Eurodollar deposit at an interest r
23-1 A bank purchases a six-month $3 million Eurodollar deposit at an interest rate of 7.3 percent per year. It invests the funds in a six-month Swedish krona bond paying 7.5 perc…
23-2 A British bank issues a $200 million, three-year Eurodollar CD at a fixed a
23-2 A British bank issues a $200 million, three-year Eurodollar CD at a fixed annual rate of 9 percent. The proceeds of the CD are lent to a British company for three years at a …
23-3 Hedge Row Bank has the following balance sheet (in millions): Assets $220 L
23-3 Hedge Row Bank has the following balance sheet (in millions): Assets $220 Liabilities $198 Equity 22 Total $220 Total $220 The duration of the assets is 8 years and the durat…
23-4 An investment fund has the following assets in its portfolio: $43 million i
23-4 An investment fund has the following assets in its portfolio: $43 million in fixed-income securities and $43 million in stocks at current market values. In the event of a liq…
23. 4.00 points value: An insurance company must make payments to a customer of
23. 4.00 points value: An insurance company must make payments to a customer of $8 million in 1 year and $3 million in 4 years. The yield curve is flat at 9%. a. If it wants to fu…
23. A firm is deciding on a new project. Use the following information for the p
23. A firm is deciding on a new project. Use the following information for the project evaluation and analysis - The initial costs are $900,000 for fixed assets. The fixed assets …
23. A project produces annual net income of $46,200, $51,800, and $62,900 over i
23. A project produces annual net income of $46,200, $51,800, and $62,900 over its 3-year life, respectively. The initial cost of the project is $675,000. This cost is depreciated…
23. An investor currently has all of his wealth in Treasury bills. He is conside
23. An investor currently has all of his wealth in Treasury bills. He is considering investing 30% of his funds in General Electric, whose beta is 2.50, with the remainder left in…
23. An investor establishes a long position in a futures contract now (time t-0)
23. An investor establishes a long position in a futures contract now (time t-0) and holds the position until maturity (time t . The sum of all daily settlements will be 0 A. Fo-F…
23. Horizontal and Vertical Analyses LO4, 5 Comparative income statements are av
23. Horizontal and Vertical Analyses LO4, 5 Comparative income statements are available for Johanna's Fine Furs: 2012    2011    Sales $850,000 $800,000 Cost of sales   325,000   …
23. Husky Inc. is considering a capital expansion project. The initial investmen
23.            Husky Inc. is considering a capital expansion project. The initial investment of undertaking this project is $214,500. This expansion project will last for five yea…
23. Identify the type of employers covered by Title VII of the Civil Rights Act
23. Identify the type of employers covered by Title VII of the Civil Rights Act of 1964. A. All employers are covered by the Civil Rights Act of 1964. B. Employers with 3 employee…
23. If joe smith sells short 100 shares of XYZ at $ 35.25 per share and six mont
23. If joe smith sells short 100 shares of XYZ at $ 35.25 per share and six months later is able to purchase the shares at $ 28.50 each, ignoring brokerage fees, he would: a. Lose…
23. One BAB futures contract trading at 92.09 has a contract value of: A.$980 86
23. One BAB futures contract trading at 92.09 has a contract value of: A.$980 869 B.$981 723 C.$981 540 D.$981 209 E.$980 140 25. Suppose that in June, when the 90-day BBSW is 5%,…
23. Sara is investing $1,000 today. Which one of the following will increase the
23.          Sara is investing $1,000 today. Which one of the following will increase the future value of that amount? A.            Shortening the investment time period. B.     …
23. The Peanut Shack has 6,000 shares of stock outstanding with a par value of $
23. The Peanut Shack has 6,000 shares of stock outstanding with a par value of $1 per share. The current market value of the firm is $145,600. The company just announced a 3-for-2…
23. The Star Youth Soccer Club helps to support its 20 boy’s and girls’ teams fi
23. The Star Youth Soccer Club helps to support its 20 boy’s and girls’ teams financially, primarily through the payment of coaches. The club puts on a tournament each fall to hel…
23. The ______________________ is the compound annual rate of return that the fi
23. The ______________________ is the compound annual rate of return that the firm will earn if it                                                 invests in a capital budgeting p…
23. The following net cash flows are projected for two separate projects. Your r
23. The following net cash flows are projected for two separate projects. Your required rate ofretum is 12%. Year Proiect A Project B 0 (150,000) (400,000) 1 $30,000 2 $30,000 3 $…
23. The price of one country\'s currency expressed in terms of another country\'
23. The price of one country's currency expressed in terms of another country's currency is: A. by definition, one unit of currency. B. the cross inflation rate. C. the depository…
23. Theis a A) Russell 2000 B) NASDAQ 100 C Dow Jones Industrial Average (Dow) D
23. Theis a A) Russell 2000 B) NASDAQ 100 C Dow Jones Industrial Average (Dow) D) S&P; 500 Stock Index 24. Leverage is A) the balance of debt across active projects B) the sel…
23. Tyler’s Consulting Company has purchased a new $15,000 copier. This overhead
23. Tyler’s Consulting Company has purchased a new $15,000 copier. This overhead cost will be shared by the purchasing, accounting, and information technology departments since th…
23. What is the present value of $10,000 received a. 12 years from today when th
23. What is the present value of $10,000 received a. 12 years from today when the interest rate is 4% per year? b, 20 years from today when the interest rate is 8% per year? c, 6 …
23. Which of the following ratings indicate that a bond is low-quality? I. Baa I
23. Which of the following ratings indicate that a bond is low-quality? I. Baa IV. BB a. I only b. III and IV only d. I and III only e. I, II and III 24. The systematic risk princ…
23. Which of the following statements is CORRECT? a. A stock with an above-avera
23. Which of the following statements is CORRECT? a. A stock with an above-average standard deviation must also have an above-average beta. b. A two-stock portfolio will always ha…
23. Which of the following statements is correct? a) In the statement of cash fl
23. Which of the following statements is correct? a) In the statement of cash flows, a decrease in accounts receivable is subtracted from net income in the operating activities se…
23. Which of the following statements is correct? a. A major disadvantage of a r
23. Which of the following statements is correct? a. A major disadvantage of a regular partnership or a corporation as a form of business is the fact that th ey do not offer their…
23. Which of the following statements is most CORRECT? a. Firms that use \"off b
23. Which of the following statements is most CORRECT? a. Firms that use "off balance sheet" financing, such as leasing, would show lower debt ratios if the effects of their lease…
23. You are given the following data for the wheat futures market: SeaHi SeaLow
23. You are given the following data for the wheat futures market: SeaHi SeaLow High Low Settle Chg. Opint WHEAT 15,000 bu minimum; dollars per bushel 4.39 2.53 May 3.15 3.07 3.10…
23. Your company, which is financed entirely with common equity, plans to manufa
23. Your company, which is financed entirely with common equity, plans to manufacture a new product, a cell phone that can be worn like a wristwatch. Two robotic machines are avai…
23. value: 1.00 points MC Qu. 16-A2 Martin and Sons (M and S) currently is an al
23. value: 1.00 points MC Qu. 16-A2 Martin and Sons (M and S) currently is an all equity fi... Martin and Sons (M and S) currently is an all equity firm with 76,000 shares of stoc…
23. value: 3.00 points The market consensus is that Analog Electronic Corporatio
23. value: 3.00 points The market consensus is that Analog Electronic Corporation has an ROE = 9%, has a beta of 1.30, and plans to maintain indefinitely its traditional plowback …
24 Assume that youdeposit $10,000 today ito an account paying the acoount at sne
24 Assume that youdeposit $10,000 today ito an account paying the acoount at sne end e s eave it on depoeit for exactly 8 years a How much will be in (a) Annuaily (c) Montly n int…
24 Porter Inc\'s stock has an expected return of 10.75%, a beta of 1.0, and is i
24 Porter Inc's stock has an expected return of 10.75%, a beta of 1.0, and is in equilibrium. If the risk-free rate is 5.00%, what is the market risk premium? 26 Mulherin's stock …
24) Acme Conglomerate Corporation operates three divisions. One division involve
24) Acme Conglomerate Corporation operates three divisions. One division involves significant research and development, and thus has a high-risk cost of capital of 15%. The second…
24) Corporate vs municipal bond A one-year corporate bond with a face value of $
24) Corporate vs municipal bond A one-year corporate bond with a face value of $1,000 carries a yield-to-maturity of 6% APR. investor is considering buying this bond and his margi…
24) Hardy Lumber has a capital structure that includes bonds, preferred stock, a
24) Hardy Lumber has a capital structure that includes bonds, preferred stock, and common stock. Which one of the following rights is most apt to be granted to the preferred share…
24) In a stream of past dividends, the initial dividend is $1.25 and the most re
24) In a stream of past dividends, the initial dividend is $1.25 and the most recent dividend is $1.80. The number of years between these two dividends (n) is 9 years. What is the…
24) In a stream of past dividends, the initial dividend is $1.25 and the most re
24) In a stream of past dividends, the initial dividend is $1.25 and the most recent dividend is $1.80. The number of years between these two dividends (n) is 9 years. What is the…