Midterm Exam 2023: Principles of Finance (TCH) Final Questions môn Xác suất thống kê| Trường Đại học Ngoại Thương

09:08, 28/01/2026
Midterm Exam 2023: Principles of Finance (TCH) Final Questions - Studocu .FOREIGN TRADE FINAL EXAM QUESTIONS UNIVERSITY
PRINCIPLES OF FINANCE - TCH302 HCMC CAMPUS
_________________________________ Department of Business
Semester: 2 Academic year: 2022 – 2023
Administration, Finance &
Full time/Part time: Full time Accounting Class code:
Form of Exam: Writen and Multiple choice
_________________________ Duration: 40 minutes PAPER NO.:1
________________________
SECTION A. MULTIPLE CHOICE (50 points) Full name:
……………………………………………………………………………….
Student ID: ……………………….…………………………………………
Class code: ………………………………………………………………….
SECTION B. WRITTEN (50 points) 11 1 09:08, 28/01/2026
Midterm Exam 2023: Principles of Finance (TCH) Final Questions - Studocu 12. 2 09:08, 28/01/2026
Midterm Exam 2023: Principles of Finance (TCH) Final Questions - Studocu 13. 14. 3 09:08, 28/01/2026
Midterm Exam 2023: Principles of Finance (TCH) Final Questions - Studocu
SECTION A. MULTIPLE CHOICE
Each question is worth 5 points.
1. To say an asset is liquid implies that:
a. we are focusing on a category of assets that are in a physically liquid form, like oil.
b. we are considering assets that may be readily converted into a means of payment.
c. we are considering any asset that can be sold.
d. we are only considering U.S. currency. e. None of the above
2. An important financial institution that assists in the initial sale of securities in
the primary market is the _________. a. investment bank. d. stock exchange. b. brokerage house. e. None of the above c. commercial bank.
3. The dollar amount of the yearly coupon payment expressed as a percentage of
the face value of the bond is called the bond s ʹ ______. a. coupon rate. d. payment rate. b. maturity rate. e. None of the above c. face value rate.m
4. The yield to maturity is ________ than the ________ rate when the bond price
is ________ its face value. a. greater; coupon; above d. less; perpetuity; below b. greater; coupon; below e. None of the above c. greater; perpetuity; above
5. Which of the following are true for a coupon bond?
a. When the coupon bond is priced at its face value, the yield to maturity equals the coupon rate.
b. The price of a coupon bond and the yield to maturity are positively related.
c. The yield to maturity is greater than the coupon rate when the bond price is above the par value.
d. The yield is less than the coupon rate when the bond price is below the par value. e. None of the above
6. A monthly interest rate of 1% is a compounded annual rate of: a. 12.68% d. 6.00% b. 10.00% e. None of the above c. 14.11%
7. Which of the following is likely to be a primary financial market transaction?
a. You cash the check your grandmother sent you for your birthday.
b. You call a broker and purchase bonds for your retirement fund.
c. A city issues bonds to finance new road construction. 4 09:08, 28/01/2026
Midterm Exam 2023: Principles of Finance (TCH) Final Questions - Studocu
d. A supermarket needs to borrow the funds for a second location and takes out a loan
from a commercial bank to pay for it. e. None of the above.
8. A financial intermediary ______.
a. is an agency that guarantees a loan.
b. is a third-party that facilitates a transaction between a borrower and a lender.
c. would be used in direct finance.
d. must be a depository institution. e. None of the above. 9. / a. $346.51 d. $25,656.45 b. $4,258.03 e. None of the above. c. $1,565
10. In reading bond quotes: a.
the bid price is usually above the asked price. b.
the asked price is fixed over the life of the bond. c.
the asked price is usually above the bid price. d.
bid and asked prices must be equal as set forth by SEC regulations. e. None of the above. SECTION B. WRITTEN
11. Your company is about to issue a bond with annual coupon payments, a
coupon rate of 6.5% and the face value of $1,000. The yield to maturity for
this bond is 6.9%. What is the bond price if it matures in ten years?
12. You have a 10 years loan outstanding. It requires making monthly payments,
starting at the end of the month. The loan amount is 5 billion VND and the
interest rate on the loan is 12%.
a. Compute the monthly payment (
b. What is the payoff amount if you decided to pay off the mortgage immediately after the 12th payment is made. (
13. Calculate the bond equivalent yield and effective annual return on T-bill that
are 28 days from maturity and have a quoted yield of 0.25 percent
--------------------------------------End of test-------------------------------------- u 5 09:08, 28/01/2026
Midterm Exam 2023: Principles of Finance (TCH) Final Questions - Studocu 6 09:08, 28/01/2026
Midterm Exam 2023: Principles of Finance (TCH) Final Questions - Studocu