2020 Financial Management(上海外国语大学) 最新满分章节测试答案

本答案对应课程为:点我自动跳转查看
本课程起止时间为:2020-12-30到2021-04-21
本篇答案更新状态:已完结

1 Introduction to Financial Management Quiz 1

1、 问题:Which of the following is not one of the three major types of financial management decisions?
选项：
A:Capital budgeting.
B:Financial planning.
C:Capital structure.
D:Working capital management.
答案: 【Financial planning.】

2、 问题:What is a capital budgeting decision?
选项：
A:The decision on what long-term projects a firm should take.
B:The decision on where a firm should get long-term financing to pay for its investments.
C:The decision on the mixture of debt and equity.
D:The decision on how a firm manages its everyday financial activities.
答案: 【The decision on what long-term projects a firm should take.】

3、 问题:Which of the following is an advantage of a corporation form of organization?
选项：
A:Easy to start.
B:Less regulated.
C:Taxed once as personal income.
D:Limited liability.
答案: 【Limited liability.】

4、 问题:Agency problem is a potential conflict of interest between: 
选项：
A:suppliers and buyers.
B:customers and suppliers.
C:shareholders and management.
D:management and creditors.
答案: 【shareholders and management.】

5、 问题:Which form of business organization is most associated with agency problem?
选项：
A:Sole proprietorship.
B:General partnership.
C:Limited partnership.
D:Corporation.
答案: 【Corporation.】

6、 问题:Working capital management deals with the long-term financial activities.
选项：
A:正确
B:错误
答案: 【错误】

7、 问题:Capital structure decides where a firm should get long-term financing to pay for its investments. 
选项：
A:正确
B:错误
答案: 【正确】

8、 问题:The goal of stakeholder wealth maximization considers the risk and timing associated with expected earnings per share in order to maximize the price of the firm’s common stock.
选项：
A:正确
B:错误
答案: 【错误】

9、 问题:The corporate form is inferior to partnership form when it comes to raising capital. 
选项：
A:正确
B:错误
答案: 【错误】

10、 问题:A lost opportunity is considered to be a direct agency cost. 
选项：
A:正确
B:错误
答案: 【错误】

3 Bond and Stock Valuation Quiz 2 (2.1-3.2)

1、 问题:You just computed the present value of a 100,000 yuan you will receive in the future. The interest rate you used in this process is referred to as which one of the following? 
选项：
A:Discount rate.
B:Effective annual rate.
C:Simple rate.
D:Current yield.
答案: 【Discount rate.】

2、 问题:You are comparing two annuities which offer monthly payments of 2,000 yuan for five years and pay 1 percent interest per month. Annuity A will pay you on the first day of each month while annuity B will pay you on the last day of each month. Which one of the following statements is correct concerning these two annuities? 
选项：
A:These two annuities have equal present values today but unequal futures values at the end of year five.
B:These two annuities have unequal present values today but equal future values at the end of year five.
C:Annuity A has a smaller future value than annuity B.
D:Annuity B has a smaller present value than annuity A.
答案: 【Annuity B has a smaller present value than annuity A.】

3、 问题:All else constant, a bond will sell at _ when the coupon rate is ___ the yield to maturity. 
选项：
A:a premium; less than
B:a premium; equal to
C:a discount; less than
D:a discount; higher than
答案: 【a discount; less than】

4、 问题:Which one of the following is an underlying assumption of the dividend growth model?
选项：
A:A stock has the same value to every investor.
B:A stock’s value is equal to the discounted present value of the future cash flows which it generates.
C:A stock’s value changes in direct relation to the required return.
D:Stocks that pay the same annual dividend have equal market values.
答案: 【A stock’s value is equal to the discounted present value of the future cash flows which it generates.】

5、 问题:Company A’s preferred stock pays a 7.50 yuan annual dividend. What is the maximum price you are willing to pay for one share of this stock today if your required return is 7.5 percent?
选项：
A:32.26 yuan
B:35.48 yuan
C:100.00 yuan
D:107.50 yuan
答案: 【100.00 yuan】

6、 问题:Interest earned on both the initial principal and the interest reinvested from prior periods is called compound interest. 
选项：
A:正确
B:错误
答案: 【正确】

7、 问题:The effective annual rate equals the annual percentage rate when interest is compounded annually.
选项：
A:正确
B:错误
答案: 【正确】

8、 问题:Perpetuities are finite but annuities are not.
选项：
A:正确
B:错误