FIN 419 FINAL EXAM NEW JUNE 2017
FIN 419 FINAL EXAM NEW JUNE 2017
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FIN 419 FINAL EXAM NEW JUNE 2017
- Exam (elaborations) • 7 pages • 2017
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- $28.49
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1. You want to invest in a stock that pays $6.00 annual cash dividends for the next five years. At the end of the five years you will sell the stock for $30.00. If you want to earn 10% on this investment what is a fair price for this stock if you buy it today?
$22.75
$40.37
$18.63
$41.37
2. ________ provides financial advice helps design bond terms makes sure that new bonds meet listing requirements and then markets new bond issues.
An investment banker
The Federal Reserve
A stock broker
The Sec...
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