Busıness Fınance I Final 5. Deneme Sınavı

Toplam 20 Soru
PAYLAŞ:

1.Soru

[(1+ nominal interestrate)/(1+ Inflation rate)] -1

What will the equation give us?


Nominal interest rates

Yield curve

Return rate

Risk rate

Real interest rate


2.Soru

Which of the following is true about Transaction Motive ?


Holding cash or near cash to meet routine cash requirements of a company to finance transactions in the normal course of business.

Holding cash or near cash as a cushion to meet unexpected contingencies such as flood, strikes.

The situations in which there occurs extra ordinary opportunities for the companies to quickly take advantage.

In order to be able to utilize the cash discount provided by a supplier, certain amount of cash can be made available as a strategy.

The length of time it takes the inventories are sold and the proceedings are collected in cash from customers.


3.Soru

I. It is also named as matching policy.

II. The fixed and permanent current assets are financed through long-term sources.

III. It aims  to minimize the risks associated with the financing of the current assets.

Which of the statements above are true about Hedging Policy?


Only I

I, II and III

I and III

I and II

II and III


4.Soru

  • Expected return of a portfolio is simply the weighted average of the returns of securities
  • The variance of a portfolio is a function of the individual security return variances
  • The variance of a portfolio is a function of the covariance
    between them
  • There is a positive relationship with both
    the variances and covariance
  • Similar to the calculation of standard deviation of a single security, the square root of the variance would be the standard deviation of the portfolio

How many of the above statements are true?


1

2

3

4

5


5.Soru

Suppose that you are planning to invest in a stock that will pay $8 as dividend and its price will be $250 next year. Assume that this stock is correctly priced in the market and its market price is $245. What is the expected rate of return?


%5.3

%4.6

%3.5

%6.4

%5


6.Soru

Even though coupon interest rates are fixed, bond values still fluctuate with the changes in market
interest rates. Which one of the following is the main reason for this?


calculation errors

fluctuations on the interest rate in the market

 market failures

transaction fees

intermediation commissions


7.Soru

Historically, which of the following investments has provided the smallest average return?


Treasury bills

Treasury bonds

Corporate bonds

Small company stocks

Large company stocks


8.Soru

1. The risk-free return is the return on securities that always yield their expected returns, regardless of the economic environment

2. The risk free return is usually approximated with the returns from very short-term government securities

3. The risk-free asset has variability in zero variance and zero correlation and covariance with any asset

4. The Capital Market Line (CML) is the line that connects the risk-free asset with the
risk free rate

Which of the above statements are turue?


1 and 2

1 and 3

2 and 3

3 and 4

1 and 4


9.Soru

"Higher activity level, larger amount of production, inventory, sales, ending up with higher amounts of raw materials and suppliers credits." is about ____________which is one of the factors affecting the level of working capital.


Nature of business

Inventory level for raw materials

Volume of business

Length of period of manufacture

Use of manuel labor


10.Soru

  1. Coupon payments are the periodic payments received by bondholders until the bond matures.
  2. The annual coupon payment is equal to the coupon rate times the par value of the bond.
  3. Some bonds pay their coupons in more than one payment per year, such as semi-annually or quarterly.
  4. The coupon rate and maturity date are specified in bond’s indenture.
  5. The indenture is a contract between issuer and bondholder specifying the characteristics of the bond.

Which of the statements above about bonds are correct?


I and II

I and V

I, II and III

I, II, III and V

II, III, IV and V


11.Soru

Which of the following is one of the liabilities in working capital?


sundry creditor

sundry debtors

prepaid expenses

cash in hand

cash in banks


12.Soru

Which of the following is not amongst the data set of financial planning?


Short and long term profit target

Divisional financial report

Internal control report

Labor productivity report

Worst Case Scenario


13.Soru

In vertical (or common size analysis), the items in the financial statements are expressed as a percentage of total .......(1)or .......(2). Which are the terms (1) and (2) completing the sentence?


Assets-Sales

Assets-Liabilities

Liabilities-Equity

Net Income-Equity

Current Assets_Current Liabilities


14.Soru

Which of the following statements about Beta is wrong?


If Beta>1, the security has above average risk and returns are expected to be more extreme and in the same direction as the market

If Beta=1, the security has average risk and returns are expected to be similar to the market

If 1>Beta>0, the security has above average risk and returns are expected to be more extreme and in the same direction as the market

If Beta=0, the security has below average risk

If Beta<0, security has very low risk and returns are expected to move in opposite direction with the market


15.Soru

Which of the followings is a method used for cash budget preparation?


Combined method

Regression method

Special purpose method

Managerial assessment method

Adjusted net profit method


16.Soru

I. There exist three time horizons.

II.. Short term is specified as maximum 12 months.

III. One of the first tasks is to determine total investment amount by bringing together all the approved projects of the individual divisions. 

Which one/ones above is/are correct about the dimensions of financial planning?


Only I

I-II

I-III

II-III

I-II-III


17.Soru

I. Transaction cost

II. Cash holding cost

III. Total cash required

Which of these can be a component of Baumol's optimum cash balance formula?


I only

II only

I and III only

II and III only

I, II and III


18.Soru

Suppose you can save ₺1,500 each month for the next 10 years in a retirement found. What would be the ending amount when you retire if the interest rate is 12%?


₺314,251

₺325,247

₺336,923

₺345,058

359,206


19.Soru

In an efficient market, prices .... reflect .... available information.

Which of the word pairs below does correctly fill the blanks in the sentence given above?


semi - some

partly - all

fully - some

does not - all

fully - all


20.Soru

Which of the following is the term for the stocks of the companies that are using their profits and cash flows to support its investments, and as a result do not have resources to pay dividends.


Income Stocks

Penny Stocks 

Blue-Chip Stocks

Growth Stocks

Preferred Stocks