TOPGRADE

FINC 381 Test 3 Examples Complete Solutions. The Following price quotations are for exchange listed option on a company's common stock Strike 55 Exp Feb Call 7.25 Put .48 With transaction costs ignored how much would a buyer have to pay for one call option contact. Assume each contract is for 100 shares - CORRECT ANSWER $725 7.25 * 100 = 725 An investor buys a call at a price of $4.50 with an exercise price of $40. At what stock price will the investor break even on the purchas...

FINC 200 Review Practice Exam Questions. Which of the following statements is CORRECT? a. A time line is not meaningful unless all cash flows occur annually. b. Time lines are useful for visualizing complex problems prior to doing actual calculations. c. Time lines cannot be constructed in situations where some of the cash flows occur annually but others occur quarterly. d. Time lines cannot be constructed for annuities where the payments occur at the beginning of the periods. e. Som...

Exam 2 Questions & Answers FINC514. Chapter 6 - CORRECT ANSWER Chapter 6 Which tend to be more volatile, short- or long-term interest rates? - CORRECT ANSWER Short-term interest rates If the inflation rate was 3.00% and the nominal interest rate was 4.60% over the last year, what was the real rate of interest over the last year? Disregard cross-product terms; that is, if averaging is required, use the arithmetic average. - CORRECT ANSWER The nominal interest rate consists of the real ...

FINC 2400 Chapter 8 Exam Questions Correctly Answered. It is not difficult to find a credit card company that is eager to extend credit to you. - CORRECT ANSWER TRUE Credit cards are commonly used to pay for items such as clothing, car repairs, or a new car. - CORRECT ANSWER FALSE One advantage of credit cards is that you can receive free financing if you pay off your balance each month. - CORRECT ANSWER TRUE When using credit cards, there is no way to keep track of individual exp...

Test 2 - FINC 303 Exam Questions Correctly Solved. Travis is buying a car and will finance it with a loan that requires monthly payments of $265 for the next four years. His car payments can be described by which one of the following terms? - CORRECT ANSWER Annuity Janis just won a scholarship that will pay her $500 a month, starting today, and continuing for the next 48 months. Which one of the following terms best describes these scholarship payments? - CORRECT ANSWER Annuity Due Th...

FINC 3 STUDY EXAM GUIDE QUESTIONS CORRECTLY ANSWERED. benefits of new stadiums - CORRECT ANSWER - generate higher revenues from tickets, concessions, sponsorship, merchandise, personal seat licenses, luxury suites, premium seating -NFL teams see about 85% increase in local revenues from new stadiums and franchise value increase of 35% -incentive to perform on field performance -NFL rules - last paragraph page 210 incentives to build new stadiums - CORRECT ANSWER -page 210-2...

FINC 311-Chapter 1 Complete Test With Complete Solutions. The increase in oil production in the United States characterizes which of the following key financial concepts presented in this book? - CORRECT ANSWER capital budgeting Which of the following is not an impact of the slowdown occurring in China's economy? - CORRECT ANSWER money going out of Manhattan, New York Not all cash a company generates will be returned to the investors. Which of the following will NOT reduce the amount...

FINC 2400 Chapter 2 Exam Questions Correctly Answered. For most people, the first step in finding where their money goes each month is to correctly assess their true net income. - CORRECT ANSWER FALSE Your cash outflows are the same as your liabilities such as the amount you owe on your car or home. - CORRECT ANSWER FALSe ) The primary goal of financial planning is to A) increase earnings. B) maximize cash inflows. C) maximize wealth. D) minimize financial risk. - CORRECT ANSWER...

FINC 310 Exam Questions Correctly Answered. 5.88 percent; 2.94 percent - CORRECT ANSWER You buy a stock for $34 per share and sell it for $36 after you collect a $1.00 per share dividend. Your pre-tax capital gain yield is ________________ and your pre-tax dividend yield is ________________. 9.80 percent - CORRECT ANSWER You buy a stock for $30 per share and sell it for $33 after holding it for slightly over a year and collecting a $0.75 per share dividend. Your ordinary income tax rate ...

FINC 3210 CH 6 Study Guide Test. What is a corporate bond's yield to maturity (YTM)? - CORRECT ANSWER YTM is the expected return for an investor who buys the bond today and holds it to maturity. YTM is the prevailing market interest rate for bonds with similar features. The relationship between nominal rates, real rates and inflation is called _____ - CORRECT ANSWER The Fisher Effect Equity represents a _____ interest of the firm while debt is ____ an ownership interest in the firm. ...

Exam (elaborations) UHC - C&S - DSNP – NY REVIEW PRACTICE EXAM. Exam (elaborations) United HealthCare Chronic Condition and Dual Special Needs Plans (CSNP-DSNP) Test Correctly Solved Quiz. Exam (elaborations) Medicare CE Questions & Answers. Exam (elaborations) DSNP Chapter 50.3- 60.2.4 Review Practice Test. Exam (elaborations) LIS/DSNP/Me

UHC - C&S - DSNP – NY REVIEW PRACTICE EXAM. Unaligned - CORRECT ANSWER Member has Medicare with UHC. However; Member has medicaid with another insurance broker CMS - CORRECT ANSWER Centers for Medicare and Medicaid Services Open enrollment dates for Medicare - CORRECT ANSWER Oct 15th - Dec 7th PCP - CORRECT ANSWER primary care physician Maestro - CORRECT ANSWER Main tool used to document every interaction C&S - CORRECT ANSWER Community & state LIS - CORRECT ANSWER Low inco...

United HealthCare Chronic Condition and Dual Special Needs Plans (CSNP-DSNP) Test Correctly Solved Quiz. Dual Special Needs Plans (DSNP) are defined as which of the following: - CORRECT ANSWER Medicare Advantage Plans uniquely designed for consumers enrolled in both Medicare and Medicaid Which statement is true about how loss of Medicaid affects a member's enrollment in a DSNP? - CORRECT ANSWER Special Election Period (SEP Dual/LIS Change in Status) is available for DSNP members that lo...

Medicare CE Questions & Answers. Confirming the consumer's Medicaid level and that the consumer is entitled to Medicare Part A and enrolled in Medicare Part B is a requirement of: - CORRECT ANSWER Selling DSNPs The consumer states they currently pay a percentage of charges when they receive medical care. This means: - CORRECT ANSWER WRONG - The consumer is enrolled in a Medicare Supplement Insurance Plan. Which of the following consumers is best suited for a CSNP? - CORRECT ANSWER Mary...

DSNP Chapter 50.3- 60.2.4 Review Practice Test. Question: The MA plan can disenroll a member for disruptive behavior? T or F - CORRECT ANSWER ANSWER: FALSE IT HAS TO BE APPROVED BY CMS Question: How many Notices are sent to member before a disenrollment for disruptive behavior is effective? - CORRECT ANSWER ANSWER: 3 The disenrollment for disruptive behavior process requires 3 (three) written notices: 1. Advance notice to inform the member that the consequences of continued disruptive beha...

LIS/DSNP/Medicaid Study Guide Test. What is Medicaid? - CORRECT ANSWER Medicaid is a joint federal and state program that helps with medical costs for people of all ages who have limited income and resources. *also offers benefits like nursing home care and personal care services.* What does dual eligible mean? - CORRECT ANSWER it means you have both Medicare and Medicaid If you have Medicare and full Medicaid coverage, most of your health care costs are likely covered? - CORRECT ANS...

Aetna Individual MA/MAPD/DSNP Mastery Test Verified & Updated. Which of the following is true for Low Income Subsidy? - CORRECT ANSWER All of the above What is a Special Needs Plan (SNP)? - CORRECT ANSWER All of the above or A type of Medicare Advantage Prescription Drug (MAPD) coordinated care plan that limits enrollment to people with specific diseases or characteristics. Aetna offers a variety of Aetna Medicare Advantage plan types. Which plan type requires a person to use only net...

Aetna Individual MA/MAPD/DSNP Exam Questions Correctly Answered. Aetna offers a variety of Aetna Medicare Advantage plan types. Which plan type requires a person to use only network providers? (Excluding emergency or urgently needed services) - CORRECT ANSWER HMO plan Which plan type allows members to see preferred doctors in network, doctors out-of-network, and does not require referrals to a specialist? - CORRECT ANSWER PPO plan Most Aetna Medicare Advantage plans are integrated wit...

Aetna MA/MAPD/DSNP Study Guide Test. Aetna offers a variety of Aetna Medicare Advantage plan types. Which plan type requires a person to use only network providers? (Excluding emergency or urgently needed services) a. PDP plan b. HMO plan c. PPO plan d. ESRD plan - CORRECT ANSWER b. HMO plan What is a Special Needs Plan (SNP)? a.A type of Medicare Advantage Prescription Drug (MAPD) coordinated care plan that limits enrollment to people with specific diseases or characteristics....

UHC Chronic Condition and Dual Special Needs Plans CSNP-DSNP Written Exam Questions with 100% Correct Answers. The three types of Special Needs Plans are: - CORRECT ANSWER Dual, Chronic Condition and Institutional/Institutional-Equivalent. When does the Special Election Period for Dual/LIS Change in Status begin for DSNP members that lose Medicaid eligibility? - CORRECT ANSWER The month after they are notified by the plan of the loss of Medicaid eligibility A DSNP might be in the best...