FIN 300 Lecture Notes - Lecture 3: Ryerson University, European Route E6, Current Liability
Document Summary
There are 11 pages in this exam, including the cover page: this is a closed book exam. However, i will mark the midterm is out of 30. There are 13 pages in this exam including the cover page. Fin300 midterm exam fall 2017 version a: your bank account pays monthly interest with an ear of 10%. You are planning to buy a house in 10 years, and you wish to save ,000 for the down payment. If interest rates are 12%, how long will it take his savings to grow to ,000: 4 years, 3 years years years, 5 years. Semi-annual: the highest effective rate of return you could earn on any of these investments is closest to: 6. 250: a firm has million in equity and million of debt, it pays dividends of 20% of net income, and has a net income of million.
