FIN 421 Final Exam
The geometric average of -12%, 20%, and 25% is _________. 8.42% 11% 9.7% 18.88% - answer-9.7% (.88*1.2*1.25)^1/3=1.096 1-1.096= .096 or 9.7% The inside quotes on a limit order book can be found ______. at the top of the list at the bottom of the list by taking the averages of the bid and ask prices on the list only by direct contact with the specialist who maintains the book - answer-at the top of the list Annual percentage rates can be converted to effective annual rates by means of the following formula: [1 + (APR/n)]n - 1 (APR)(n) (APR/n) (periodic rate)(n) - answer-[1 + (APR/n)]n - 1 The holding period return on a stock is equal to _________.
Written for
- Institution
- FIN 421
- Course
- FIN 421
Document information
- Uploaded on
- February 3, 2024
- Number of pages
- 22
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
Also available in package deal