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FIN 302 practice midterm questions and solutions FALL 2025 Humber College
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---14abril 20262025/2026
- 1. Which of the following would be considered a primary market transaction? 
A. A buy order to an investment banker for a new public stock offering. 
B. A buy order to a broker for shares of a company on the TSX. 
C. A buy order to a broker for shares of a company on the Venture Exchange. 
D. A buy order to a dealer for shares of a company OTC. 
E. A sell order to a broker for a stock listed on the TSX. 
2. An agency problem is said to exist when there is a conflict of interest between _____ and...
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Oldspice
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Examen
FINANCE 302 FINAL EXAM QUESTIONS WELL ANSWERED LATEST UPDATE 2026
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---4abril 20262025/2026A+
- FINANCE 302 FINAL EXAM QUESTIONS WELL ANSWERED LATEST UPDATE 2026 
 
by making a _________ the investment banker agrees to buy an entire issue of new securities from a firm and then attempt to sell the securities to the public - Answers firm commitment 
the SBA only aids __________when their applications would not be approved through normal processes - Answers small business owners 
In the life cycle of a business, a business that has peaked and is now in decline is most closely identified wit...
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joshuawesonga22
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Examen
FIN 302 QUIZ 1 QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026
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--3abril 20262025/2026A+Disponible en un paquete
- FIN 302 QUIZ 1 QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026 
 
Four Types of Firms - Answers Sole proprietorship, partnership, limited liability company, corporation 
Sole Proprietorship - Answers - a business owned by one person 
 
- straightforward to set up 
 
- no separation between the firm and the owner 
 
- the life of a sole proprietorship is limited to the life of the owner 
Partnership - Answers - a partnership is identical to a sole proprietorship except it has more than one owner...
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joshuawesonga22
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Examen
FIN 302 CH 1 EXAM QUESTIONS WITH VERIFIED SOLUTIONS LATEST UPDATE 2026
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--3abril 20262025/2026A+Disponible en un paquete
- FIN 302 CH 1 EXAM QUESTIONS WITH VERIFIED SOLUTIONS LATEST UPDATE 2026 
 
Working capital includes which of the following? - Answers - short-term assets 
- inventory 
- cash 
Which of the following are included in a firm's capital structure? - Answers - Equity 
- Long-term debt 
Which of the following positions generally report to the chief financial officer (CFO)? - Answers Both the treasurer and the controller report to the CFO. 
A sole proprietor has ______ personal liability for all busin...
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joshuawesonga22
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Examen
FIN 302 CH 16 EXAM QUESTIONS WITH CORRECT ANSWERS LATEST UPDATE 2026
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--6abril 20262025/2026A+Disponible en un paquete
- FIN 302 CH 16 EXAM QUESTIONS WITH CORRECT ANSWERS LATEST UPDATE 2026 
 
Indirect costs of financial distress: 
 
A) Effectively limit the amount of equity a firm issues. 
 
B) Serve as an incentive to increase the financial leverage of a firm. 
 
C) Include costs such as legal and accounting fees. 
 
D) Tend to increase as the debt-equity ratio decreases. 
 
E) Include the costs incurred by a firm as it tries to avoid seeking bankruptcy protection. - Answers E 
The value of a firm is maximized w...
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joshuawesonga22
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Examen
FIN 302 EXAM 2 QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026
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--4abril 20262025/2026A+Disponible en un paquete
- FIN 302 EXAM 2 QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026 
 
NPV is the price of a zero coupon bond - Answers 
EAA (npv) - Answers choose b/w mutually exclusive projects with different lives 
payback period (most helpul?) - Answers an effective measure of investment risk. The project with a shortest payback period has less risk than with the project with longer payback period, often used when liquidity is an important criteria to choose a project, suitable for projects of small investments...
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joshuawesonga22
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Examen
FIN 302 ASU EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026
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--2abril 20262025/2026A+Disponible en un paquete
- FIN 302 ASU EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026 
 
Double Taxation of C Corporations - Answers C Corporation pays corporate tax on profits and shareholders pay personal tax on dividends 
Percentage of Stock Trades Done Electronically - Answers Over 90% are done electronically by computers/algorithms 
Goal Of C Corp Managers - Answers Maximize shareholder wealth by maximizing stock price 
Executive Stock Options - Answers Compensation giving managers the right to buy stock at a f...
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joshuawesonga22
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Examen
FIN 302 MIDTERM EXAM QUESTIONS WITH VERIFIED SOLUTIONS LATEST UPDATE 2026
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--2abril 20262025/2026A+Disponible en un paquete
- FIN 302 MIDTERM EXAM QUESTIONS WITH VERIFIED SOLUTIONS LATEST UPDATE 2026 
 
Bond - Answers long term debt to the issuer 
subject to interest rate risk 
Coupon - Answers the stated interest payment made on a bond 
tax-deductible 
face value - Answers Amount of principal due at the maturity date of the bond 
1,000 unless otherwise stated 
maturity - Answers the specified date on which the principal amount of a bond is paid 
yield to maturity - Answers the rate required in the market on a bond 
cu...
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joshuawesonga22