金融学智慧树知到课后章节答案2023年下宁波大学
宁波大学
第一章测试
1.Finance is the study of how people allocate scarce resources over time.（ ）

A:对 B:错deductible
答案:对

2.Basic types of financial decisions of households（ ）.

A:Investment decisions B:Financing decisions C:Consumption and saving decisions D:Risk-management decisions
答案:Investment decisions;Financing decisions;Consumption and saving decisions;Ri
sk-management decisions

3.Basic types of financial decisions of firms（ ）.

A:capital budgeting B:working capital management C:what businesses it wants to be in D:financing
答案:capital budgeting;working capital management;what businesses it wants to be in;financing

4.Which one is not the form of business organization（ ）.

A:partnership B:convenience store C:sole proprietorship D:corporation
答案:corporation


5.For the partnership, select the one which is wrong（ ）.

A:A partnership is a firm with two or more owners. B:Limited partners have unlimited liability. C:Limited partnership consists of limited partners and at least one general partner. D:In general partnership, all partners have unlimited liability.
答案:Limited partners have unlimited liability.
第二章测试
6.Financial system encompasses the markets, intermediaries, service firms, and other institutions used to carry out the financial decisions of households, business firms, and governments. （ ）

A:对 B:错
答案:对

7.Basic functions performed by the financial system:（ ）.

A:Risk-management decisions B:Financing decisions C:Transferring resources across time and space D:Investment decisions
答案:Risk-management decisions;Financing decisions;Transferring resources across time and space;Investment decisions

8.By the location, financial markets are classified as （ ）.


A:over-the-counter markets B:specific-geographic-location market C:off-exchange markets D:no-one-specific-location market
答案:specific-geographic-location market;no-one-specific-location market

9.Suppose you invest in a stock costing $40. It pays a cash dividend during the year of $1, and you expect its price to be $60 at year's end. If the stock's price is actually $40 at year's end, what is your realized rate of return?（ ）

A:25.2% B:52.5% C:50% D:20%
答案:52.5%

10.If the nominal interest rate is 8% per year, and the rate of inflation as measured by the proportional change in the firm is 4% per year, what is the real rate of return? （ ）

A:4% B:8% C:4.5% D:3.85%
答案:3.85%
第三章测试
11.Net working capital is the difference between a firm's current assets and its total liabilities.（ ）

A:对 B:错
答案:错

12.Basic financial statements include:（ ）.


A:balance sheet B:income statement C:cash flow statement D:liability statement
答案:balance sheet;income statement;cash flow statement

13.We can analyze a firm’s performance trough ratios: （ ）.


A:liquidity B:financial leverage C:profitabilities D:asset turnover
答案:liquidity;financial leverage;profitabilities;asset turnover

14.Suppose that the operation income of a firm is $60 million, the interest expense is $21 million. If the tax rate is 40%, the net income is（ ）.

A:$23.4 million B:$15.6 million C:$39 million D:$24 million
答案:$23.4 million

15.Suppose that the net income of a firm is $80 million, and the stockholders’ equities of the recent two years are $300 million and $500 million, respectively. The return on equity ratio is（ ）.


A:20% B:10% C:40% D:16%
答案:20%
第四章测试
16.As a pension manager, you are considering investing in a preferred stock, which pays $5,000,000 per year forever beginning one year from now. If your alternative investment choice is yielding 10% per year, what is the present value of this investment? （ ）

A:$20 million B:$40 million C:$30 million D:$50 million
答案:$50 million

17.You want to establish a “wasting” fund that will provide you with $1,000 per year for four years, at which time the fund will be exhausted. How much must you put in the fund now if
you can earn 10% interest per year?（ ）

A:$3,365.67 B:$3,169.87 C:$3,100 D:$3,000
答案:$3,169.87

18.Suppose you deposit $2,000 into an account earning an interest rate of 10% per year. Apply the rule of 72, you will have $4,000 after（ ）.

A:14.4 years B:7.2 years C:21.6 years D:10 years
答案:7.2 years

19.Suppose you put $1,000 into an account earning an interest rate of 5% per year. Assume that you will have this account in two years with taking nothing out, the future valu
e of this account is（ ）.

A:$1,025 B:$1,250 C:$1,102.5 D:$1,050
答案:$1,102.5

20.What are the effective annual rates of the following: 10% APR compounded annually? （ ）

A:12% B:10% C:6% D:9%
答案:10%
第五章测试
21.Fred’s last year’s salary was $50,000 and is expected to remain so in real terms until retirement. For a 75% replacement rate, Fred expects to have an annual income of（ ）.


A:$3,250 B:$3,025 C:$3,750 D:$3,102
答案:$3,750

22.Willie is 35 years old, plans to retire at 50 and to live to the ripe old age of 100. His labor income as a plumber is $150,000 per year, and he expects to maintain a constant level of real consumption spending for the remainder of his life. Assuming a steady real salary, the complete absence of taxes, and a real interest rate of 2% per annum. What is the value of Willie’s human capital?（ ）

A:$1,896,525.34 B:$1,875,355.46 C:$1,927,389.53 D:$1,957,404.62
答案:$1,927,389.53