Exam3-02 Winter 2016 Key
Version A
1. B
2. D
3. C
4. B
5. C
6. B
7. D
8. C
9. C
10. E
11. D
12. A
13. E
14. B
15. C
16. D
17. B
18. B
19. A
20. E
21. B
22. B
23. C
24. B
25. C
26. A
27. B
28. B
29. E
30. C
31. D
32. B
33. D
34. E
35. B
36. E
37. D
38. E
39. B
40. D
41. D
42. B
43. C
44. C
45. D
46. B
47. E
48. A
49. E
50. E
51. E
52. A
53. A
54. A
55. A
56. C
57. C
58. D
59. E
60. C
Exam3-02 Winter 2016 Summary
Category
# of Questions
AACSB: Analytic
21
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Analysis
1
Blooms: Comprehension
1
Blooms: Comprehension
1
Blooms: Comprehension
1
Blooms: Comprehension
1
Blooms: Comprehension
1
Blooms: Comprehension
1
Blooms: Comprehension
1
Blooms: Comprehension
1
Blooms: Comprehension
1
Blooms: Comprehension
1
Blooms: Comprehension
1
Blooms: Comprehension
1
Blooms: Comprehension
1
Blooms: Comprehension
1
Blooms: Comprehension
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Blooms: Knowledge
1
Difficulty: Basic
50
Difficulty: Intermediate
10
Learning Objective: 01-02 Identify the goal of financial management.
1
Learning Objective: 01-03 Compare the financial implications of the different forms of business organizations
2
Learning Objective: 02-01 Differentiate between accounting value (or "book" value) and market value.
2
Learning Objective: 02-04 Determine a firms cash flow from its financial statements
1
Learning Objective: 03-02 Compute and; more importantly; interpret some common ratios.
1
Learning Objective: 03-03 Assess the determinants of a firms profitability and growth
1
Learning Objective: 03-03 Assess the determinants of a firms profitability and growth
1
Learning Objective: 04-01 Determine the future value of an investment made today.
1
Learning Objective: 04-02 Determine the present value of cash to be received at a future date.
2
Learning Objective: 05-01 Determine the future and present value of investments with multiple cash flows.
1
Learning Objective: 05-03 Describe how loans are amortized or paid off.
1
Learning Objective: 05-04 Explain how interest rates are quoted (and misquoted).
1
Learning Objective: 06-02 Describe bond values and why they fluctuate
1
Learning Objective: 06-05 Explain the bond structure of interest rates and the determinants of bond yields
2
Learning Objective: 07-01 Assess how stock prices depend on future dividends and dividend growth.
1
Learning Objective: 07-02 Identify the different ways corporate directors are elected to office.
1
Learning Objective: 07-03 Explain how the stock markets work.
1
Learning Objective: 08-01 Summarize the payback rule and some of its shortcomings.
1
Learning Objective: 08-03 Explain the internal rate of return criterion and its associated strengths and weaknesses.
3
Learning Objective: 08-04 Evaluate proposed investments by using the net present value criterion.
3
Learning Objective: 08-06 Calculate the profitability index and understand its relation to net present value.
1
Learning Objective: 09-01 Determine the relevant cash flows for a proposed investment.
5
Learning Objective: 09-02 Analyze a projects projected cash flows
1
Learning Objective: 09-02 Analyze a projects projected cash flows
1
Learning Objective: 09-02 Analyze a projects projected cash flows
1
Learning Objective: 09-02 Analyze a projects projected cash flows
1
Learning Objective: 09-03 Evaluate an estimated NPV
2
Learning Objective: 10-01 Calculate the return on an investment
3
Learning Objective: 10-02 Discuss the historical returns on various important types of investments
3
Learning Objective: 10-03 Explain the historical risks on various important types of investments
4
Learning Objective: 11-01 Calculate expected returns.
5
Learning Objective: 11-03 Define the systematic risk principle
4
Learning Objective: 11-04 Discuss the security market line and the risk-return trade-off.
1
Ross - Chapter 01
3
Ross - Chapter 02
3
Ross - Chapter 03
3
Ross - Chapter 04
3
Ross - Chapter 05
3
Ross - Chapter 06
3
Ross - Chapter 07
3
Ross - Chapter 08
8
Ross - Chapter 09
11
Ross - Chapter 10
10
Ross - Chapter 11
10
Section: 1.3
2
Section: 1.4
1
Section: 10.1
1
Section: 10.3
4
Section: 10.3 and 10.4
1
Section: 10.4
3
Section: 10.5
1
Section: 11.1
3
Section: 11.1 and 11.6
1
Section: 11.2
1
Section: 11.3
1
Section: 11.4
1
Section: 11.6
3
Section: 2.1
2
Section: 2.4
1
Section: 3.2
1
Section: 3.3
1
Section: 3.4
1
Section: 4.1
1
Section: 4.2
2
Section: 5.2
1
Section: 5.3
1
Section: 5.4
1
Section: 6.1
1
Section: 6.7
2
Section: 7.1
1
Section: 7.2
1
Section: 7.3
1
Section: 8.1
3
Section: 8.2
1
Section: 8.4
3
Section: 8.5
1
Section: 9.1
1
Section: 9.2
4
Section: 9.3
3
Section: 9.4
1
Section: 9.6
1
Section: 9.7
1
Topic: Beta coefficient
1
Topic: Bond yields
1
Topic: Capital rationing
1
Topic: Cash flow from assets
1
Topic: Corporation
1
Topic: Crossover point
1
Topic: Depreciation tax shield
1
Topic: DuPont identity
1
Topic: Effective annual rate
1
Topic: Expected return
2
Topic: Future value
1
Topic: Geometric average return
1
Topic: Goal of financial management
1
Topic: Historical volatility of returns
1
Topic: Internal rate of return
1
Topic: Limited partnership
1
Topic: Liquidity
1
Topic: Liquidity premium
1
Topic: Market value
1
Topic: Mutually exclusive investment decisions
1
Topic: Net present value
3
Topic: Operating cash flow
1
Topic: Opportunity cost
1
Topic: Payback period
1
Topic: Portfolio beta
1
Topic: Portfolio return
1
Topic: Present value
2
Topic: Present value with multiple rates
1
Topic: Price-earnings ratio
1
Topic: Pro forma financial statement
1
Topic: Probability range
1
Topic: Profitability index
1
Topic: Project cash flow
1
Topic: Pure discount loan
1
Topic: Real rate of return
1
Topic: Relevant cash flows
2
Topic: Risk and return
1
Topic: Risk measurements
1
Topic: Risk premium
2
Topic: Risk-free rate
1
Topic: Sensitivity analysis
1
Topic: Side effects
1
Topic: Specialist
1
Topic: Standard deviation of returns
1
Topic: Stock value
1
Topic: Straight voting
1
Topic: Sunk cost
1
Topic: Sustainable growth rate
1
Topic: Systematic risk
1
Topic: Systematic risk principle
1
Topic: Term structure of interest rates
1
Topic: Total dollar return
1
Topic: Unexpected return
1
Topic: Variance
1