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UGA FINA 3000 EXAM 1 STUDY NOTES QUESTIONS AND CORRECT ANSWERS

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UGA FINA 3000 EXAM 1 STUDY NOTES QUESTIONS AND CORRECT ANSWERS

Institution
FINA 3000
Course
FINA 3000

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If something is compounded semi-annually, what happens to r?


Give this one a try later!


r is usually APR , annual rate

therefore,

we have to divide the annual rate by 2 to get our semi-annual




How do you solve for YTM problems?


Give this one a try later!

, Use money keys!


We are looking for I/Y

Your CPN = PMT


PV must be (-)

FV = face value!




Days payable matches with?


Give this one a try later!


Accounts payable turnover




If something is compounded semi-annual, what happens to N?


Give this one a try later!


N is usually in terms of years. If something is compounded semi-annually, it
means it's compounded twice per year

therefore,


we have to multiply N * 2




What is inventory turnover + days held in inventory?


Give this one a try later!

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FINA 3000
Course
FINA 3000

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