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Past Exam for BUSN 323 - Corporate Finance with Gudikunst at Christopher Newport (CNU)

Exam Information

Material Type:Exam 1
Professor:Gudikunst
Class:BUSN 323 - Corporate Finance
Subject:Business
University:Christopher Newport University
Term:Fall 2003
Keywords:
  • Publicly Held Corporations
  • Earnings Balance
  • Return on Equity Ratio
  • Stock Exchange
  • Balance Sheet Income
  • Opportunity
  • (to/for) Him/it
  • S Corporations
  • Corporations
  • Stockholders
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Sample Document Text

BUSN 323 NAME______________________________________ Fall 2003 Dr. G Mid-term Exam #1 Instructions: 1. do all work in this exam packet. 2. answer all questions, weights indicated. 3. Time limit: class time (1:15 hours) 1. (5 pts) You just invested $18,500.30 today into a bank savings account that pays 10 percent annual interest. How much will you have in the account after 5 years: a. if interest is compounded annually b. if interest is compounded quarterly 2. (8 pts) Your mother just received a phone call that was very confusing. The caller from Merrill Lynch offered her an opportunity to buy common stock shares of XYZ Corp in an IPO (initial public offering) at a price of $12 per share. Having never invested in stocks in her life, explain to her what an IPO is, how it occurs, and how this relates to shares trading on the New York Stock Exchange. Use your new found vocabulary from the course, but still make it understandable to Mom. 3. (5 pts) Ms. Golden has a daughter celebrating her 3rd birthday today. ...

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