FIN 300 Study Guide - Midterm Guide: Accounts Payable, Income Statement, Common Stock

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21 Apr 2012
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Notes: this is a closed book exam. You may only have pens, pencils and a calculator at your desk: a formula sheet is attached to the end of the exam. You may detach the formula sheet from the exam. Please fill out the scanner sheet as you go along in the exam. You will not be given extra time at the end of the exam to fill it out: select the best possible answer for each multiple-choice question, each of the 30 mc questions is worth 1 mark. Cfin300 midterm exam fall 2007: poor dog, inc. borrowed ,000 from the bank today. They must repay this money over the next six years by making monthly payments of ,215. 10. Express your answer with annual compounding: 5. 98, 6. 63, 4. 71, 5. 65, 5. 80, how much would you pay for a security that pays you every 4 months for the next.

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