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Section _____ id # ______________________ (prof. king"s section a; prof. kohen"s sections d and g; prof. tahani"s sections c, e and f; This exam consists of 30 multiple choice questions and carries a total of 100 points. Choose the response which best answers each question. Circle your answers below, and fill in your answers on the bubble sheet. Only the bubble sheet is used to determine your exam score. Read the questions carefully and use your time efficiently. The 20 numerical questions are worth 4 points each. The 10 conceptual questions are worth 2 points each. Choose the answers that are closest to yours, because of possible rounding. Keep at least 4 decimal places for dollar amounts in your calculations, and at least 6 decimal places for interest rates. Bonds pay semi-annual coupons unless otherwise stated and have a face value (or par value) of ,000. You may use the back of the exam paper as your scrap paper.

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