COMMERCE 2FA3 Study Guide - Midterm Guide: Zero-Coupon Bond, Time Deposit, Dividend Yield

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Instructions: each multiple choice question has only one right answer. Fill in the appropriate bubble on the scan sheet. Be sure to enter your name and student number on the scan sheet. Right answers will be worth 2 marks and wrong or missing answers will be worth zero. July 13, 7:00-10:00: this exam has 10 pages (including this one) and a formula sheet. Please check that you are not missing any pages and bring any problems to the attention of the invigilator: long answer questions are to be answered on the question paper. If you are running short of space and decide to use the back of a page, please indicate where the rest of the answer is located. If you are indifferent between receiving today and receiving in two years, approximately what is your discount rate: 9. 5, 10, 20, 6. 5, 10. 25%