Fin 3403 Study guides, Study notes & Summaries

FIN 3403 Exam 2 Test Bank | 100% Correct Answers | Verified | Latest 2024 Version

Mary just purchased a bond which pays $60 a year in interest. What is this $60 called? - coupon Bert owns a bond that will pay him $75 each year in interest plus a $1,000 principal payment at maturity. What is the $1,000 called? - face value A bonds coupon rate is equal to the annual interest divided by which one of the following? - face value The specified date on which the principal amount of a bond is payable is referred to as which one of the following? - maturity Currently, the bond ...

FIN 3403 Exam 1 | 100% Correct Answers | Verified | Latest 2024 Version

What are the three forms of business organization? Which one is unique as described in lectures? Describe differences between them and good and bad points related to each. - Sole Proprietorship. -Pro: easy startup, single taxation -Con: limited life, hard to raise capital, unlimited liability Partnership. -same as sole proprietorship Corporation. -Pro: limited liability, transfer ownership, easy to raise capital -Con: double taxation, separation of ownership and management A Corporati...

FIN 3403 EXAM 4 REVIEW (BLISS) with Correct Answers 2023/2024 As investors take on more risk they should expect ______________________ - ANSWER-a greater rate of return Total Return on Equity - ANSWER-This is the total return (% or yield) on a share of stock, including the stock's change in price and dividend. Capital Gain(s) Yield - ANSWER-Return (% or yield) earned only from the change in price of the stock IGNORE THE DIVIDEND *A capital gains yield can be positive, negative, or...

Goal of the Firm : Maximize Shareholder Wealth, (Maximizing firm value or Maximizing stock price) Sole proprietorship : A business owned by a single individual. General Partnership : A partnership in which all partners are fully liable for the indebtedness incurred by the partnership limited partnership : A partnership in which one or more of the partners has limited liability, restricted to the amount of capital he or she invest in the partnership Corporation : An entity that legal...

Mary just purchased a bond which pays $60 a year in interest. What is this $60 called? - coupon Bert owns a bond that will pay him $75 each year in interest plus a $1,000 principal payment at maturity. What is the $1,000 called? - face value A bonds coupon rate is equal to the annual interest divided by which one of the following? - face value The specified date on which the principal amount of a bond is payable is referred to as which one of the following? - maturity Currently, the bond ...

FIN 3403 UCF EXAM 1 Questions & Correct Answers/ Graded A+

What are the three forms of business organization? Which one is unique as described in lectures? Describe differences between them and good and bad points related to each. - Sole Proprietorship. -Pro: easy startup, single taxation -Con: limited life, hard to raise capital, unlimited liability Partnership. -same as sole proprietorship Corporation. -Pro: limited liability, transfer ownership, easy to raise capital -Con: double taxation, separation of ownership and management A Corporati...

FIN 3403 UCF EXAM 1 2024/2025 Questions With Verified & Completed Solutions.