According to the United Nations Conference on Trade and Development, what percentage of China’s GDP in 2009 was attributed to the trade sector? A) 70% B) 60% C) 65% D) 50% ANSWER Answer: D
Date: September 19th, 2020
If the ________ is greater than or equal to the ________, the project should be accepted. A) IRR; NPV B) cost of capital; IRR C) IRR; cost of capital D) NPV; IRR E) NPV; discount rate ANSWER C
Date: September 19th, 2020
Which of the following is NOT a protectionist tendency? A) tariffs B) comparative advantage C) non-tariff barriers D) quotas ANSWER Answer: B
Date: September 19th, 2020
What is the internal rate of return for a project that requires a current cash outlay of $15,187 and is expected to generate cash inflows of $5,000 at the end of each of the next four years? A) 12.0% B) 11.5% C) 12.3% D) 14.1% E) 13.0% ANSWER A
Date: September 19th, 2020
The government provides rules that regulate consumer leasing. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
On adjustable-rate loans, the lender is required to provide an example of how the monthly payment might change. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
Swiss Cheeses, Inc. has paid annual dividends of $1.00, $1.04, $1.09, and $1.15 per share over the last four years, respectively. The stock is currently selling for $42 a share. What is this firm’s cost of equity? A) 7.45 percent B) 7.64 percent C) 7.83 percent D) 7.87 percent E) 8.02 percent ANSWER […]
Date: September 19th, 2020
What is the IRR for a project with a current cost of $7,000 that is expected to produce cash inflows of $1,000 at the end of each of the next 10 years? Round answer to the nearest whole percent. A) 10% B) 8% C) 7% D) 11% E) 6% ANSWER C
Date: September 19th, 2020
Leasing is looked upon favorably by some consumers because it reduces their monthly and up-front payments. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
You have just put $1,000 in an investment that offers a 12% annual yield, using a simple interest calculation. At the end of two years your interest earned will be A) $120.00. B) $144.00. C) $240.00. D) $254.40. ANSWER C
Date: September 19th, 2020
