Title: FIN 534 RANK Education Specialist / fin534rank.com
1FIN 534 RANK Education Specialist / fin534rank.com
2FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Entire Course FOR MORE CLASSES VISIT
www.fin534rank.com FIN 534 Week 1 Chapter 1
Solution FIN 534 Week 1 Chapter 2 Solution FIN
534 Week 2 Chapter 3 Solution
3FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Final Exam Set 1 (4 Sets) FOR MORE
CLASSES VISIT www.fin534rank.com FIN 534 Final
Exam Part 1 Set 1 Question
1 BLW Corporation is considering the
terms to be set on the options it plans to issue
to its executives. Which of the following actions
would decrease the value of the options, other
things held constant?
4FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Final Exam Set 2 (4 Sets) FOR MORE
CLASSES VISIT www.fin534rank.com FIN 534 Final
Exam Part 2 Set 1 Question
1 Which of the following is NOT
normally regarded as being a good reason to
establish an ESOP?
5FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 1 Chapter 1 Solution FOR MORE
CLASSES VISIT www.fin534rank.com Which of the
following statements is CORRECT? a. One of the
disadvantages of a sole proprietorship is that
the proprietor is exposed to unlimited
liability. b. It is generally easier to transfer
ones ownership interest in a partnership than in
a corporation.
6FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 1 Chapter 2 Solution FOR MORE
CLASSES VISIT www.fin534rank.com Which of the
following statements is CORRECT? a. Typically, a
firms DPS should exceed its EPS. b. Typically, a
firms EBIT should exceed its EBITDA.
7FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 1 DQ 1 FOR MORE CLASSES VISIT
www.fin534rank.com Imagine a startup company
of your own and briefly trace its development
from a sole proprietorship to a major corporation
with a focus on how that development would be
financed.
8FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 1 DQ 2 FOR MORE CLASSES VISIT
www.fin534rank.com Week 1 discussion 2 Discuss
ways that the basic concepts we have discussed in
this chapter directly impact your life. Provide
specific examples to support your response.
9FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 1 Quiz 1 FOR MORE CLASSES VISIT
www.fin534rank.com Question 1 You recently
sold 100 shares of your new company, XYZ
Corporation, to your brother at a family
reunion. At the reunion your brother gave you a
check for the stock and you gave your brother the
stock certificates. Which of the following
statements best describes this transaction?
10FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 2 Chapter 3 Solution FOR MORE
CLASSES VISIT www.fin534rank.com Which of the
following statements is CORRECT? a. The ratio of
long-term debt to total capital is more likely to
experience seasonal fluctuations than is either
the DSO or the inventory turnover ratio.
11FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 2 DQ 1 FOR MORE CLASSES VISIT
www.fin534rank.com Week 2 discussion 1 Assume
you are deciding whether or not to invest in a
particular company. Discuss which elements of
which financial statements you would want to
carefully examine. Explain your rationale.
12FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 2 DQ 2 FOR MORE CLASSES VISIT
www.fin534rank.com Week 2 discussion 2 From
the e-Activity, determine if the company you
analyzed would be a good investment for you or
not. Provide specific examples to support your
response.
13FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 3 Chapter 4 Solution FOR MORE
CLASSES VISIT www.fin534rank.com A 50,000
loan is to be amortized over 7 years, with annual
end-of-year payments. Which of these statements
is CORRECT? a. The annual payments would be
larger if the interest rate were lower.
14FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 3 Chapter 5 Solution FOR MORE
CLASSES VISIT www.fin534rank.com Three 1,000
face value bonds that mature in 10 years have the
same level of risk, hence their YTMs are equal.
Bond A has an 8 annual coupon, Bond B has a 10
annual coupon, and Bond C has a 12 annual
coupon. Bond B sells at par. Assuming interest
rates remain constant for the next 10 years,
which of the following statements is CORRECT?
15FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 3 DQ 1 FOR MORE CLASSES VISIT
www.fin534rank.com Week 3 discussion
1 Starting with your current situation, describe
what you must do to ensure an annual retirement
income of 60,000 starting at age 65.
16FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 3 DQ 2 FOR MORE CLASSES VISIT
www.fin534rank.com Week 3 discussion 2 Discuss
the impact of Standard Poors downgrading the
U.S. credit rating in 2011. Address current and
likely future impact on U.S. business,
individuals, the global economy and current
financial practices. Provide specific examples to
support your response.
17FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 4 Chapter 6 Solution FOR MORE
CLASSES VISIT www.fin534rank.com Which of the
following statements is CORRECT? a. If you add
enough randomly selected stocks to a portfolio,
you can completely eliminate all of the market
risk from the portfolio.
18FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 4 Chapter 7 Solution FOR MORE
CLASSES VISIT www.fin534rank.com Which of the
following statements is CORRECT? a. The constant
growth model takes into consideration the capital
gains investors expect to earn on a stock. b. Two
firms with the same expected dividend and growth
rates must also have the same stock price. c. It
is appropriate to use the constant growth model
to estimate a stock's value even if its growth
rate is never expected to become constant.
19FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 4 DQ 1 FOR MORE CLASSES VISIT
www.fin534rank.com Week 4 discussion 1 Drawing
on what you discovered in the e-Activity, discuss
how instances of corporate mismanagement or fraud
should be taken into account when assessing the
risks associated with certain types of
investments. Information is the investor's best
tool when it comes to investing wisely. Often,
the lack of reliable, readily available, current
information also opens the door to fraud. It is
easier
20FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 4 DQ 2 FOR MORE CLASSES VISIT
www.fin534rank.com Week 4 discussion 2 Discuss
the non-rational factors that may have a role in
the valuation of stocks and stock market
equilibrium. Provide specific examples to support
your response.
21FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 4 Quiz 3 FOR MORE CLASSES VISIT
www.fin534rank.com Which of the following
statements is CORRECT? 1) A time line is not
meaningful unless all cash flows occur
annually 2) Time lines are useful for
visualizing complex problems prior to doing
actual calculations
22FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 5 Chapter 8 Solution FOR MORE
CLASSES VISIT www.fin534rank.com Which of the
following statements is CORRECT? a. Put options
give investors the right to buy a stock at a
certain strike price before a specified date. b.
Call options give investors the right to sell a
stock at a certain strike price before a
specified date.
23FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 5 Chapter 9 Solution FOR MORE
CLASSES VISIT www.fin534rank.com Bankston
Corporation forecasts that if all of its existing
financial policies are followed, its proposed
capital budget would be so large that it would
have to issue new common stock. Since new stock
has a higher cost than retained earnings,
Bankston would like to avoid issuing new stock.
Which of the following actions would REDUCE its
need to issue new common stock? a. Increase the
dividend payout ratio for the upcoming year.
24FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 5 DQ 1 FOR MORE CLASSES VISIT
www.fin534rank.com Week 5 discussion 1 Based
on what you discovered in the e-Activity, make at
least two recommendations for regarding how your
selected company should approach its capital
budgeting. Explain the reasoning behind your
recommendations. A capital budgeting analysis
conducts a test to see if the benefits (i.e.,
cash inflows) are large enough to repay the
company for three things (1) the cost of the
asset, (2) the cost of financing the asset (e.g.,
interest, etc.), and (3) a rate of return (called
a risk premium) that compensates the company for
potential errors made when estimating cash flows
that
25FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 5 Quiz 4 FOR MORE CLASSES VISIT
www.fin534rank.com Finance 534 week 5 quiz
4 Question 1 Assume that in recent
years both expected inflation and the market risk
premium (rM - rRF) have declined. Assume also
that all stocks have positive betas. Which of
the following would be most likely to have
occurred as a result of these changes?
26FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 6 Chapter 10 Solution FOR MORE
CLASSES VISIT www.fin534rank.com Which of the
following statements is CORRECT? a. The internal
rate of return method (IRR) is generally regarded
by academics as being the best single method for
evaluating capital budgeting projects. b. The
payback method is generally regarded by academics
as being the best single method for evaluating
capital budgeting projects.
27FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 6 Chapter 11 Solution FOR MORE
CLASSES VISIT www.fin534rank.com Which of the
following statements is CORRECT? a. An
externality is a situation where a project would
have an adverse effect on some other part of the
firms overall operations. If the project would
have a favorable effect on other operations, then
this is not an externality.
28FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 6 DQ 1 FOR MORE CLASSES VISIT
www.fin534rank.com Week 6 discussion 1 Analyze
the concept of stress test as applied to
financial institutions and create a better
alternative for assessing the viability of a
financial institution.
29FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 6 Quiz 5 FOR MORE CLASSES VISIT
www.fin534rank.com Finance 534 week 6
Quiz5 Question 1 Call options on XYZ
Corporations common stock trade in the market.
Which of the following statements is most
correct, holding other things constant? Question
2 Other things held constant, the
value of an option depends on the stock's price,
the risk-free rate, and the
30FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 7 Chapter 12 Solution FOR MORE
CLASSES VISIT www.fin534rank.com 1. Which of
the following statements is CORRECT? a. Perhaps
the most important step when developing
forecasted financial statements is to determine
the breakdown of common equity between common
stock and retained earnings.
31FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 7 Chapter 13 Solution FOR MORE
CLASSES VISIT www.fin534rank.com Suppose
Leonard, Nixon, Shull Corporations projected
free cash flow for next year is 100,000, and FCF
is expected to grow at a constant rate of 6. If
the companys weighted average cost of capital is
11, what is the value of its operations? a.
1,714,750
32FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 7 DQ 2 FOR MORE CLASSES VISIT
www.fin534rank.com Week 7 discussion 2 Drawing
on what you discovered in the e-Activity,
determine what additional steps can be taken in
the valuation of a corporation to avoid instances
like the one you researched from occurring in the
future. Provide specific examples to support your
response.
33FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 7 Quiz 6 FOR MORE CLASSES VISIT
www.fin534rank.com Finance 534 week 7 quiz
6 Question 1 Which of the following
statements is CORRECT? Answer
34FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 8 Chapter 14 Solution FOR MORE
CLASSES VISIT www.fin534rank.com Which of the
following statements about dividend policies is
CORRECT? a. Modigliani and Miller argue that
investors prefer dividends to capital gains
because dividends are more certain than capital
gains. They call this the ?bird-in-the hand?
effect.
35FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 8 Chapter 15 Solution FOR MORE
CLASSES VISIT www.fin534rank.com Which of the
following statements best describes the optimal
capital structure? a. The optimal capital
structure is the mix of debt, equity, and
preferred stock that maximizes the companys
earnings per share (EPS). b. The optimal capital
structure is the mix of debt, equity, and
preferred stock that maximizes the companys
stock price.
36FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 8 DQ 1 FOR MORE CLASSES VISIT
www.fin534rank.com Week 8 discussion 1 I
examined PepsiCo to determine how it should
address its free cash flow, either through
distributions to shareholders or repurchasing of
stock.
37FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 8 DQ 2 FOR MORE CLASSES VISIT
www.fin534rank.com Week 8 discussion 2 Capital
structure is the manner in which a firms assets
are financed that is, the right-hand side of the
balance sheet. Capital structure is normally
expressed as the percentage of each type of
capital used by the firm--debt, preferred stock,
and common equity
38FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 8 Quiz 7 FOR MORE CLASSES VISIT
www.fin534rank.com Finance 534 week 8 quiz
7 This quiz consist of 30 multiple choice
questions. The first 15 questions cover the
material in Chapter 12. The second 15 questions
cover the material in Chapter 13. Be sure you are
in the correct Chapter when you take the quiz.
39FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 9 Chapter 16 Solution FOR MORE
CLASSES VISIT www.fin534rank.com Swim Suits
Unlimited is in a highly seasonal business, and
the following summary balance sheet data show its
assets and liabilities at peak and off-peak
seasons (in thousands of dollars) Peak
Off-Peak Cash 50 30 Marketable securities 0
20 Accounts receivable 40 20
40FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 9 DQ 1 FOR MORE CLASSES VISIT
www.fin534rank.com Week 9 discussion 1 Based
on the content of this chapter and what you
discovered in the e-Activity, analyze cash
management technology and make at least one
recommendation for another technique that would
enhance working capital management. Explain the
reasoning behind your recommendation.
41FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 9 DQ 2 FOR MORE CLASSES VISIT
www.fin534rank.com Week 9 discussion 2 Create
an idea for a startup venture and discuss the
most viable way to raise the working capital to
get the startup running. Explain your rationale.
42FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 9 Quiz 8 FOR MORE CLASSES VISIT
www.fin534rank.com Question 1
Which of the following statements about dividend
policies is correct? Question 2 If a
firm adheres strictly to the residual dividend
policy, the issuance of new common stock would
suggest that
43FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 10 Chapter 17 Solution FOR MORE
CLASSES VISIT www.fin534rank.com In Japan,
90-day securities have a 4 annualized return and
180-day securities have a 5 annualized return.
In the United States, 90-day securities have a 4
annualized return and 180-day securities have an
annualized return of 4.5. All securities are of
equal risk, and Japanese securities are
denominated in terms of the Japanese yen.
Assuming that interest rate parity holds in all
markets, which of the following statements is
most CORRECT?
44FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 10 DQ 1 FOR MORE CLASSES VISIT
www.fin534rank.com Week 10 discussion 1 Based
on what you uncovered in the e-Activity,
determine the most significant risk factors
associated with investing in the company you
selected when compared with investing in a
domestic company. Provide specific examples to
support your response.
45FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 10 DQ 2 FOR MORE CLASSES VISIT
www.fin534rank.com Week 10 discussion
2 Recommend three policy changes that would make
the Federal Reserves job of controlling U.S.
interest rates easier. Explain your reasoning.
46FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 10 Quiz 9 FOR MORE CLASSES VISIT
www.fin534rank.com Finance 534 week 10 quiz
9 Question 1 Which of the following statements is
NOT CORRECT? Question 2 Which of the following
statements is CORRECT?
47FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 11 DQ 1 FOR MORE CLASSES VISIT
www.fin534rank.com Week 11 discussion
1 Reflect on the lessons learned during this
class and discuss the most interesting or
surprising thing you learned. Explain what made
it so.
48FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 11 DQ 2 FOR MORE CLASSES VISIT
www.fin534rank.com Week 11 discussion
2 Discuss how you plan on using what you learned
in this course in your current or future
position. What will prove to be the most
valuable?
49FIN 534 RANK Education Specialist / fin534rank.com
FIN 534 Week 11 Quiz 10 FOR MORE CLASSES VISIT
www.fin534rank.com Finance 534 week 11 quiz
10 Question 1 Suppose
DeGraw Corporation, a U.S. exporter, sold a solar
heating station to a Japanese customer at a price
of 143.5 million yen, when the exchange rate was
140 yen per dollar. In order to close the sale,
DeGraw agreed to make the bill payable in yen,
thus agreeing to take some exchange rate risk for
the transaction. The terms were net 6
50FIN 534 RANK Education Specialist / fin534rank.com