5. Surf and Spray Inc. has a beta equal to 1.8 and a required return of 15% based on the capital asset pricing model (CAPM). If the risk-free rate of return is 4.2%, the expected return on the market portfolio is
(A)21%.
(B)19.2%.
(C)13.4%.
(D)10.2%. 

1.You decide you want your child to be a millionaire. You have a son today and you deposit $10,000 in an investment account that earns 7% per year. The money in the account will be distributed to your son whenever the total reaches $1,500,000. How old will your son be when he gets the money (rounded to the nearest year)? (A)82 years (B)74 years (C)60 years (D)49 years

2. Assume that you expect to hold a $20,000 investment for one year. It is forecasted to have a year end value of $21,000 with a 30% probability； a year end value of $24,000 with a 45% probability； and a year end value of $30,000 with a 25% probability. What is the standard deviation of the holding period return for this investment? (A)12.06% (B)14.36% (C)16.36% (D)33.45%

3. A $1,000 par value 4-year bond with a 10 percent coupon rate recently sold for $965. The yield to maturity is (A)11.13%. (B)10.20%. (C)12.87%. (D)8.50%.

4. You purchased 500 shares of A.M.J. Inc. common stock one year ago for $50 per share. You received a dividend of $2 per share today and decide to take your profits by selling at $54.50 per share. What is your holding period return? (A)13.0% (B)9.0% (C)6.5% (D)4.0%.

6. What is Bavarian Brewhouse’s cost of preferred stock? (A)8.00%. (B)15.5%. (C)10.7%. (D)12.6%.

7.What is Bavarian Brewhouse’s cost of common equity? (A)10.67%. (B)12.55%. (C)16.23%. (D)15.48%.

8.What is Bavarian Brewhouse’s after tax cost of debt, if their marginal tax rate equals 34%? (A)8.00%. (B)5.28%. (C)6.95%. (D)2.72%.

9. What is Bavarian Brewhouse’s weighted average cost of capital (WACC)if their marginal tax rate equals 34% (A)12.08%. (B)12.99%. (C)13.44%. (D)5.28%.

10.Suppose a particular investment project will require an initial cash outlay of $1,000,000 and will generate a cash inflow of $500,000 in each of the next three years. What is the project’s internal rate of return (IRR)? Suppose a company’s discount rate is 15%, should it accept the project? (A)23%； reject the project (B)23%； accept the project (C)15%； reject the project (D)15%； accept the project

11. Backford Company just paid a dividend yesterday of $2.25 per share. The company's stock is currently selling for $60 per share, and the required rate of return on Backford Company stock is 16%. What is the growth rate expected for Backford Company dividends assuming constant growth? (A)9.47% (B)9.89% (C)10.87% (D)11.81%

110年 - 110 國立臺灣大學_碩士班招生考試_財務金融研究所甲組:財務管理#105783

110年 - 110 國立清華大學碩士班考試入學試題_計量財務金融學系/甲組(財務金融組):財務管理#105244

110年 - 110 國立中山大學_碩士暨碩士專班招生考試_財管系/丙組:財務管理#104442

110年 - 110 國立中央大學_碩士班招生考試_財務金融學系/甲組(一般生):財務管理#103886

110年 - 110 國立政治大學_碩士班招生考試_財務管理系:財務管理#103314

110年 - 110 國立政治大學_碩士班招生考試_金融學系/金融管理組:財務管理#102899

110年 - 110 國立高雄大學_碩士班招生考試_金融管理學系：財務管理#102156

109年 - 109 國立高雄大學_碩士班招生考試_金融管理學系：財務管理#103044

109年 - 109東吳大學_碩士班招生考試_國際經營與貿易學系A組(國際貿易與金融)︰財務管理#100387

108年 - 109東吳大學_碩士班招生考試_國際經營與貿易學系A 組(國際貿易與金融)：財務管理#101154