大学MOOC 财务管理（双语）(首都经济贸易大学)1460778161 最新慕课完整章节测试答案

Chapter1

1、单选题：
‌Do corporate decisions that increase the value of the firm's equity benefit society as a whole?‏
选项：
A: Yes, as long as the value of the firm's equity increases, society is better off.
B: Yes, as long as the increase in the value of the firm's equity does not come at the expense of others.
C: No, any gain in the value of the firm's equity is always less than the cost to society.
D: No, any gains in the value of the firm's equity are perfectly offset by societal costs.
答案: 【 Yes, as long as the increase in the value of the firm's equity does not come at the expense of others.】

2、单选题：
‌The Principal-Agent Problem arises:‌
选项：
A: because managers have little incentive to work in the interest of shareholders when this means working against their own self-interest.
B: because of the separation of ownership and control in a corporation.
C: Both A and B
D: None of the above
答案: 【 Both A and B】

3、单选题：
‎You overhear your manager saying that she plans to book an Ocean-view room on her upcoming trip to Miami for a meeting.  You know that the interior rooms are much less expensive, but that your manager is traveling at the Company's expense.  This use of additional funds comes about as a result of: ​
选项：
A:  an agency problem.
B: an adverse selection problem.
C: a moral hazard.
D: a publicity problem.
答案: 【  an agency problem.】

Chapter2

1、单选题：
​Which of the following statements regarding the timeline is FALSE?‌
选项：
A:  Date 1 is the end of the first year.
B: Date 0 is the beginning of the first year.
C: The space between date 0 and date 1 represents the time period between two specific dates.
D: You will find the timeline most useful in tracking cash flows if you interpret each point on the timeline as a period or interval of time.
答案: 【 You will find the timeline most useful in tracking cash flows if you interpret each point on the timeline as a period or interval of time.】

2、单选题：
At an annual interest rate of 7%, the future value of $5,000 in five years is closest to:​‍​
选项：
A:  $3,565
B: $6,750
C: $7,015
D:  $7,035
答案: 【 $7,015】

3、单选题：
‍If the current rate of interest is 8%, then the present value of an investment that pays $1000 per year and lasts 20 years is closest to:​‍​
选项：
A:  $18,519
B:  $45,761
C: $9,818
D:  $20,000
答案: 【 $9,818】

4、单选题：
‌ Which of the following statements is FALSE?‌
选项：
A: The difference between an annuity and a perpetuity is that an annuity ends after some fixed number of payments.
B: Most car loans, mortgages, and some bonds are annuities.
C: A growing perpetuity is a cash flow stream that occurs at regular intervals and grows at a constant rate forever.
D: An annuity is a stream of N equal cash flows paid at irregular intervals.
答案: 【 An annuity is a stream of N equal cash flows paid at irregular intervals.】

5、单选题：
​Suppose that a young couple has just had their first baby and they wish to ensure that enough money will be available to pay for their child's college education.  Currently, college tuition, books, fees, and other costs, average $12,500 per year.  On average, tuition and other costs have historically increased at a rate of 4% per year.  ‎​ ‎​Assuming that costs continue to increase an average of 4% per year, tuition and other costs for one year for this student in 18 years when she enters college will be closest to:‎​‎
选项：
A: $12,500
B: $21,500
C: $320,568
D: $25,323
答案: 【 $25,323】

6、单选题：
‌Suppose that a young couple has just had their first baby and they wish to ensure that enough money will be available to pay for their child's college education.  Currently, college tuition, books, fees, and other costs, average $12,500 per year.  On average, tuition and other costs have historically increased at a rate of 4% per year. ‎‌‎‌Assuming that college costs continue to increase an average of 4% per year and that all her college savings are invested in an account paying 7% interest, then the amount of money she will need to have available at age 18 to pay for all four years of her undergraduate education is closest to:‎
选项：
A: $97,110
B:  $107,532
C: $101,291
D: $50,000
答案: 【 $97,110】

7、单选题：
​Suppose a ten-year bond with semiannual coupons has a price of $1,071.06 and a yield to maturity of 7%. This bond's coupon rate is closest to:‍
选项：
A: 3.5%
B: 6.0%
C: 7.0%
D: 8.0%
答案: 【 8.0%】

8、单选题：
‍Matilda Industries pays a dividend of $2.25 per share and is expected to pay this amount indefinitely. If Matilda's equity cost of capital is 12%, which of the following would be expected to be closest to Matilda's stock price?​‍​
选项：
A: 12.25
B:  14.65
C:  18.75
D:  21.98
答案: 【  18.75】

9、单选题：
‍Dagny Taggart is a graduating college senior and she is considering the costs of going to medical school. Beginning next fall, Dagny expects medical school tuition to run $45,000 for the first year and she estimates that tuition will increase by 6% each year. If Dagny is able to invest her money in an account paying 8% interest per year, then the present value to Dagny of four years of medical school tuition is closest to:​
选项：
A:  $149,045
B: $155,930
C: $162,095
D: $180,000
答案: 【 $162,095】

10、单选题：
‍The Sisyphean Company has a bond outstanding with a face value of $1000 that reaches maturity in 15 years.  The bond certificate indicates that the stated coupon rate for this bond is 8% and that the coupon payments are to be made semiannually.  ‏‍‏‍Assuming the appropriate YTM on the Sisyphean bond is 7.5%, then the price that this bond trades for will be closest to:‏‍‏
选项：
A: $1,045
B: $691
C: $1,000
D: $957
答案: 【