Fin 421 final exam Study guides, Class notes & Summaries

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 rat...

Practice Final Exam FIN 421 Spring 2016 Name: Student ID: Section: 10951 (T/Th) 10950 (T only) Part I / 40 Part II / 20 Part III / 40 Total / 100 • You have 110 minutes to complete this exam. • Only calculator and pen are allowed. A formula sheet is provided on the last pages. • You are to answer these questions without consulting anyone. • Show your work wherever necessary. • Manage your time wisely. Shorter answers are often better. Part I. Multiple Choice Questi...

Consider the following limit order book of a specialist in a market that allows partial execution of orders. The last trade in the stock took place at a price of $35. Bid Bid Qty Ask Qty Ask 34.75 100 800 35.25 34.25 100 1,000 35.50 33.50 400 2,000 35.75 32.25 200 800 36.00 You place a market sell order for 150 shares. What are your proceeds and what is the new stock price? A) $5; 187:50 ; $34:75 B) $5; 187:50 ; $34:25 C) $5; 325:00 ; $35:00 D) $5; 287:50 ; $35:25 E) $5; 287:50 ; $3...

Shares outstanding (St), stock prices (Pt), and Dividends (Dt+1) for assets A and B are given below. All dividends are paid out at the end of the year, 12/31/2017. Asset B performed a 1:2 inverse stock split at the beginning of the year, 01/01/2017, where two old shares were combined into one new share. What is the value weighted portfolio return? Date Asset A Asset B St Pt Dt St Pt Dt 12/31/2016 (t) 100 20 10 100 12/31/2017 (t+1) 100 22 2 5* 130 10 Asset B performed a 1:2 inverse stock ...

Finance 421 Final Exam - Questions & Answers

Practice Final Exam FIN 421 Spring 2019 Name: Student ID: Section: Please circle the appropriate section. 10726 (T 6pm) 10727 (T/Th 3pm) 19834 (T/Th 12pm) Part I / 40 Part II / 20 Part III / 40 Total / 100 • You have 110 minutes to complete this exam. • Only calculator and pen are allowed. A formula sheet is provided on the last pages. • You are to answer these questions without consulting anyone. • Show your work wherever necessary. • Manage your time wisely. Short...

Law 421 Final Exam. Questions & Answers (Latest)