2018–2019 Yaz Okulu Çıkmış Soruları

What does capital adequacy ratio refers to? A) Capital / RWA B) Risk / Capital C) (Risk × Capital) / RWA lar.net D) VaR / Capital E) Capital x (Var / RWA)

Which of the following is amongst the borrowing from special financial institutions in Turkey? A) Ziraat Bankası B) Türkiye Iş Bankası C) Halkbank D) Development and Investment Bank E) Vakıfbank

X Corp. borrows $200,000 as a bank loan with annual interest rate of 10% and the company pays 30% corporate tax rate. What is the after-tax rate of borrowing for X Corp? A) 3% 5% aof C) 7% 9% E) 12%

Which of the following is not amongst the uses of FCF? A) Operating assets B) Interest expense Dividends 'ular.ne D)L Principal repayments E) Repurchase stock

Which of the following business alliances describes the contracting or subcontracting of noncore activities to free up cash, personnel, time, and facilities for activities in which a company holds competitive advantage? A) Offshoring B) Joint venture C) Outsourcing D) Networking • Franchising

Which of the following statement is true about net operating income approach? A) The model advocates that the firm value will remain unchanged by the financial decisions. B) The model assumes that the value of the firm increase with financial leverage. C) The model advocates that the value of the firm is its net operating income and capitalized with increasing WACC. D) The cost of the debt is a constant when cost of the equity and the WACC rises. E) The model considers that the cost of debt increases at higher levels of leverage as creditors' risk rises.

Which of the following is not sourced by the country risk? A) International financial turmoil B) The possibility of confiscation C) The possibility of expropriation D) War E) Terrorist attacks

Which of the following represents the relative price of two currencies? A) Derived foreign exchange rate B) Real foreign exchange rate C) Weighted average foreign exchange rate D) Basket foreign exchange rate E) Nominal foreign exchange rate

Answer the questions 9 - 10. according to the information below. X Corp. expects $320,000 in EBIT. The cost of debt for the company is 12% for all possible borrowing and the WACC is 16%. What is the cost of equity for $500,000 of amount of debt? A) 20.25% B) 21.33% C) 25,38% D) 27.52% E) 30.00%

What will be value of the equity when the debt raises to $750,000? A) $1,500,000 B) $1,300,000 C) $1,250,000 D) $1,000,000 E) $750,000

Which of the following term refers to cash outlays that already have been incurred and that cannot be recovered regardless of whether the project is accepted or rejected? A) Sunk costs B) Amortization C) Direct costs D) Operating costs E) Variable costs

When diversifying your bank's investment portfolio by using correlations between asset classes, what sort of a risk treatment do you follow? A) Not changing anything. B) Transferring risk C) Increasing risk aot sorula D) Avoiding risk E) Reducing risk

Y Corp. wants to meet the fund requirement of $500,000 with bond which have a face value of $1,000, pay 20% annual coupons end of the 5-year maturity. The company bears a commissions of 4% on nominal value and a bond deduction on a 1%. (If k=1%, NPV=$485,343.1239, if k=2%, NPV=$471,345.9509) According to above data, if the company pays 40% corporate tax rate, what is the after-tax cost of the bond issue? A) 1.01% B) 1.04% C) 1.74% D) 1.92% E) 2.05%

Which of the following is not amongst the characteristics of syndication loans? A) Every syndicate member has a separate claim on the debtor. B) There is a single loan agreement contract. C) The creditors can be divided into two groups. D) Two or more banks agree jointly to make a loan to a borrower. E) It is provided to only the sovereigns.

Which of the following statements is not true about the level of cost of bank loans? A) Depends on risk of default. B) Depends the type of security provided by the client. C) Depends the amount of security provided by the client. D) Increases in economic growth times. E) Generally consists interest and fees.

What does target payout ratio refers to? A) The percentage of net income paid out as stock repurchases. B) The percentage of dividend paid out additional shares of stock to the new shareholders. C) The percentage of net income distributed to the shareholders through cash dividends or stock repurchases. D) The percentage of net income paid out as cash dividends. E) The percentage of dividend paid out additional shares of stock to the current shareholders.

- projects is the type of projects in which selecting one project prevents other projects from being undertaken. Which of the following completes sentence above? A) Replacement B) Conglomerate C) Independent D) Contingent e) Mutually exclusive

Which of the following is not a business alliance? A) Franchises B) Mergers C) Reorganizations D) Acquisitions E) Joint ventures

Suppose that "Yellow Company" has a project proposal, requiring initial investment of 250 million USD to consider. The expected rate of return from expansion investments (discount rate) is 30%. Projected non-cumulative cash inflows (USD in millions) of the project for the next two years are as follows. Year 1 - 150 Year 2 - 220 (1.32 = 1.69) Relying above information, what is the profitability index of the project? A) 0.26 B) 0.98 C) 1.19 D) 1.36 1.74

Z Corp. issued preferred stocks at $15 per share. Each share has flotation cost of $1 on the preferred stock issue and pay dividend of $1,4. What is the cost of preferred stock financing for Z Corp? A) 12.6% B) 10.0% C) 8.5% D) 7.5% E) 5.0%