Corporate Risk Management BUFN 754 Example Examination Fall 2013 NAME: I pledge on my honor that I have not given or received any unauthorized assistance on this examination Please answer all questions in the space provided. Point weights are as indicated. Formulas are provided in the back of the exam. Good Luck! 1. A firm has assets of $1M invested in 30-year‚ 10% coupon Treasury bonds selling at par and whose duration is 9.94 years. It has liabilities of $900‚000 financed through
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EF4313 - Individual Case Questions: “Massey-Ferguson‚ Ltd. (1980)” You are responsible for handing in written answers to the following questions drawn from the Massey-Ferguson case. You can work with others on this assignment‚ but each individual must hand in their own set of answers. 1. Net sales for Massey-Ferguson actually increased between 1979 and 1980. Despite this‚ net income and income from continuing operations both dropped sharply in 1980. Which item on the income statement
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STUDY QUESTIONS for Final Exam Phil 2925 December 2013 Short answer questions 1. Cover distinguishes between a static and dynamic view of law: how does this help a judge who accepts Cover’s view avoid some conflicts between law and morality? 2. In what ways is Starry Vere like Lemuel Shaw/ 3. What are the three values of free expression cited by the Canadian Supreme Court? 4. When is sexual representation obscene‚ according to Canadian law? 5. What are sections 1‚ 15‚ and 27 of
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Bendigo Bank Case Study 2011 Question (1): Capital Structure and Financing in the Banking Industry Introduction Australian banks are an interesting case of capital structure and financing considerations as far as companies go‚ in that they are regulated in a number of ways by the Australian Prudential Regulatory Authority (APRA) and the Reserve Bank of Australia (RBA). Considerations of capital structure have the effect of reducing the cost of capital and so in turn increase the value
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AMN442 Final Exam The final exam consist of 6 questions: PART A: 4 questions x 8’ ------200 words per question (20-30 lines) Allocate about 15 minutes for each of these. PART B: 2 questions x 14’------500 words per question Allocate about 30 minutes for each of these. Constructing an answer: showing you know the theory relating to the question‚ as outlined in the text and lecture notes‚ linking this to other relevant concepts in the overall discipline of marketing and even beyond showing
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EXAMINATION. THIS PAPER MUST NOT BE REMOVED FROM THE EXAM CENTRE. SURNAME:____________________________________ FIRST NAME:____________________________________ STUDENT NO:____________________________________ COURSE:____________________________________ 25556 The Financial System Special exam‚ spring semester‚ 2011 Time Allowed: 3 hours plus 10 minutes reading time. Exam day and date: 1. Exam Paper: • Please ensure that your name and student
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Finance 486 Final Exam 1. EFN Calculation – 25 points The most recent Financial Information for Golf Pro Inc. are shown here: Income Statement Balance Sheet Sales $3‚400 Current Assets $4‚400 Current Liabilities $880 Costs 2‚800 Fixed Assets 5‚700 Long Term Debt 3‚580 Taxable Income 600 Equity
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1. Tom believes the company should use the extra cash to pay a special one-time dividend. How will this proposal affect the stock price? How will it affect the value of the company? Electronic Timing‚ Inc. (ETI) needs to be careful on how it dispenses the extra cash as a dividend. Issuing the extra cash as a dividend would mean that the shareholders collectively will probably drop by the same amount because of the transfer of wealth from the company to the shareholders individually. Hence‚ the
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1. Dayton is a U.S based manufacturer of gas turbine equipment. This company has concluded negotiations for the sales of a turbine generator to Regency (U.K) for total payment of £3‚000‚000 which is due in 90 days Given the following exchange rates and interest rates‚ what transaction exposure hedging strategy is now in Dayton’s best interest? Spot rate $1.7620/£ Expected spot rate in 90 days $1.7850/£ 90-day forward rate $1.7550/£ 90-day dollar
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Chapter 8 Tom has a DSO of 20 days. The company’s average daily sales are $20‚000. What is the level of its accounts receivable? (365 days in a year) DSO=Receivables/(Annual sales/365)=20 days So‚ Receivables/($20‚000/365days)=20 days Receivables/54.79=20‚ Receivables=$1095.89 A company has a profit margin of 10% and an equity multi-plier of 2.0. Its sales are $100 million and it has total assets of $50 million. What is its ROE? () Answer: B A‚ 10% B‚ 40%
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