FIN 401 Lecture Notes - Dividend Yield, Net Present Value, Capital Structure
26 Sep 2014
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Monday, october 30, 2006, 11:00 a. m. version a - Aids allowed: closed book except for an 8"1/2 by 11" note sheet. Answer all multiple choice questions on the scan sheet. All multiple choice questions are worth 2 marks each. Please refer to the following information to answer the next 9 questions. It is 1898 and you are in dawson city, yukon, canada. You sit down beside the yukon river for a picnic lunch. You look at the water, and see a glitter of yellow. You plan to mine five tons of it per year for two years. Gold sells for per ounce, there are 16 ounces in a pound, and 2000 pounds in a ton. It will cost you per ounce to mine the gold, and there is a ,000 one time up-front fee for equipment and permits and stuff. The equipment will be worthless after the ore is mined.
