FIN 571 TUTOR Extraordinary Life/fin571tutor.com FIN 571 TUTOR Extraordinary Life/fin571tutor.com | Page 8

2 A stakeholder is any person or entity :
3 Which one of the following is least apt to help convince managers to work in the best interest of the stockholders ? threat of a proxy fight
4 . Financial managers primarily create firm value by : maximizing current sales . investing in assets that generate cash in excess of their cost .
5 First City Bank pays 7 percent simple interest on its savings account balances , whereas Second City Bank pays 7 percent interest compounded annually .
If you made a $ 59,000 deposit in each bank , how much more money would you earn from your Second City Bank account at the end of 9 years ? ( Do not round intermediate calculations and
6 . What is the future value of $ 3,136 invested for 12 years at 6.50 percent compounded annually ?
7 . What is the present value of $ 12,750 to be received 3 years from today if the discount rate is 5.50 percent ?
8 . Six months ago , you purchased 1,200 shares of ABC stock for $ 21.20 a share and have received total dividend payments of $. 60 a share . Today , you sold all of your shares for $ 22.20 a share . What is your total dollar return on this investment ?
9 Six months ago , you purchased 100 shares of stock in ABC Co . at a price of $ 43.89 a share . ABC stock pays a quarterly dividend of $. 10 a share . Today , you sold all of your shares for $ 45.13 per share . What is the total amount of your capital gains on this investment ?
10 Which one of these accounts is classified as a current asset on the balance sheet ?