公司理财(英文版)试题库7

《公司理财(英文版)试题库7》由会员上传分享，免费在线阅读，更多相关内容在行业资料-天天文库。

1、--..--CHAPTER7NetPresentValueandOtherInvestmentRulesMultipleChoiceQuestions:I.DEFINITIONSNETPRESENTVALUEa1.Thedifferencebetweenthepresentvalueofaninvestmentanditscostisthe:a.netpresentvalue.b.internalrateofreturn.c.paybackperiod.d.profitabilityindex.e.discountedpaybackperiod.Difficulty

2、level:EasyNETPRESENTVALUERULEc2.Whichoneofthefollowingstatementsconcerningnetpresentvalue(NPV)iscorrect?a.Aninvestmentshouldbeacceptedif,andonlyif,theNPVisexactlyequaltozero.b.AninvestmentshouldbeacceptedonlyiftheNPVisequaltotheinitialcashflow.c.AninvestmentshouldbeacceptediftheNPVispo

3、sitiveandrejectedifitisnegative.d.Aninvestmentwithgreatercashinflowsthancashoutflows,regardlessofwhenthecashflowsoccur,willalwayshaveapositiveNPVandthereforeshouldalwaysbeaccepted.e.Anyprojectthathaspositivecashflowsforeverytimeperiodaftertheinitialinvestmentshouldbeaccepted.word可编辑.--

4、..--Difficultylevel:EasyPAYBACKc3.Thelengthoftimerequiredforaninvestmenttogeneratecashflowssufficienttorecovertheinitialcostoftheinvestmentiscalledthe:a.netpresentvalue.b.internalrateofreturn.c.paybackperiod.d.profitabilityindex.e.discountedcashperiod.Difficultylevel:EasyPAYBACKRULEa4.

5、Whichoneofthefollowingstatementsiscorrectconcerningthepaybackperiod?a.Aninvestmentisacceptableifitscalculatedpaybackperiodislessthansomepre-specifiedperiodoftime.b.Aninvestmentshouldbeacceptedifthepaybackispositiveandrejectedifitisnegative.c.Aninvestmentshouldberejectedifthepaybackispo

6、sitiveandacceptedifitisnegative.d.Aninvestmentisacceptableifitscalculatedpaybackperiodisgreaterthansomepre-specifiedperiodoftime.e.Aninvestmentshouldbeacceptedanytimethepaybackperiodislessthanthediscountedpaybackperiod,givenapositivediscountrate.Difficultylevel:EasyDISCOUNTEDPAYBACKwor

7、d可编辑.--..--e5.Thelengthoftimerequiredforaproject’sdiscountedcashflowstoequaltheinitialcostoftheprojectiscalledthe:a.netpresentvalue.b.internalrateofreturn.c.paybackperiod.d.discountedprofitabilityindex.e.discountedpaybackperiod.Difficultylevel:EasyDISCOUNTEDPAYBACKRULEd6.Thediscounte