FIN 370 Final Exam Answers Guide

FIN 370 Final Exam Answers Guide

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Thanks for checking out the ultimate final exam answers guide for Finance 370. This comprehensive tutorial covers 30 questions and answers from the latest version of the FIN/370 final exam. Out team of tutors have verified every answer on guide so you can relax before taking this difficult test. We are hear seven days per week to answer questions you have about this guide

About the FIN 370 Final

The Finance for Business final exam is extremely challenging for the majority of students. You can expect to encounter a variety of detailed finance problems, such as calculating Net Present Value (NPV) and Internal Rate of Return (IRR). You will also need to have a comprehensive understanding of how currency markets work and how to solve various currency exchange problem. If you struggle with math, you will have problems with about 40% of the questions on the test. But don't worry... Our answer sheet is designed to alleviate these problems. 

Exam Facts

Length: 30 Questions
Most Recent Update: Jan 3rd, 2014

Free Preview of the Answers

Here's a free preview of the first three questions on guide. 

1) The goal of the firm should be

A.  maximization of profits

B.  maximization of shareholder wealth

C.  maximization of consumer satisfaction

D.  maximization of sales

 

2) An example of a primary market transaction is

A.  a new issue of common stock by AT&T

B.  a sale of some outstanding common stock of AT&T

C.  AT&T repurchasing its own stock from a stockholder

D.  one stockholder selling shares of common stock to another individual

 

16) Compute the payback period for a project with the following cash flows, if the company’s discount rate is 12%.


Initial outlay = $450

Cash flows:

Year 1 = $325

Year 2 = $65

Year 3 = $100


A.  3.43 years

B.  3.17 years

C.  2.88 years

D.  2.6 years

 

Get all 30 correct answers on the full FIN 370 final exam study guide. Like all of our material, it can be instantly downloaded and is covered by a 100% money back guarantee. 

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