公司理财精要第四章题库

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1、Chapter04-IntroductiontoValuation:TheTimeValueofMoneyChapter04IntroductiontoValuation:TheTimeValueofMoney MultipleChoiceQuestions 1. Marthaisinvesting$5todayat6percentinterestsoshecanhave$10later.The$10isreferredtoasthe: A. truevalue.B. futurevalue.C. presentvalue.D. discountedvalue.E. complexva

2、lue. 2. Tomearned$120ininterestonhissavingsaccountlastyear.Tomhasdecidedtoleavethe$120inhisaccountsothathecanearninterestonthe$120thisyear.Thisprocessofearninginterestonpriorinterestearningsiscalled: A. discounting.B. compounding.C. duplicating.D. multiplying.E. indexing. 3. Jamieearned$180inint

3、erestonhersavingsaccountlastyear.Shehasdecidedtoleavethe$180inheraccountsothatshecanearninterestonthe$180thisyear.TheinterestJamieearnsthisyearonthis$180isreferredtoas: A. simpleinterest.B. complexinterest.C. accruedinterest.D. interestoninterest.E. discountedinterest. 4-54Chapter04-Introduction

4、toValuation:TheTimeValueofMoney4. Lesterhad$6,270inhissavingsaccountatthebeginningofthisyear.Thisamountincludesboththe$6,000heoriginallyinvestedatthebeginningoflastyearplusthe$270heearnedininterestlastyear.Thisyear,Lesterearnedatotalof$282.15ininteresteventhoughtheinterestrateontheaccountremaine

5、dconstant.This$282.15isbestdescribedas: A. simpleinterest.B. interestoninterest.C. discountedinterest.D. complexinterest.E. compoundinterest. 5. Bydefinition,abankthatpayssimpleinterestonasavingsaccountwillpayinterest: A. onlyatthebeginningoftheinvestmentperiod.B. oninterest.C. onlyontheprincipa

6、lamountoriginallyinvested.D. onboththeprincipalamountandthereinvestedinterest.E. onlyifallpreviousinterestpaymentsarereinvested. 6. Sueneedstoinvest$3,626todayinorderforhersavingsaccounttobeworth$5,000sixyearsfromnow.Whichoneofthefollowingtermsreferstothe$3,626? A. PresentvalueB. CompoundvalueC.

7、 FuturevalueD. ComplexvalueE. Factorvalue 7. Toddwillbereceivinga$10,000bonusoneyearfromnow.Theprocessofdetermininghowmuchthatbonusisworthtodayiscalled: A. aggregating.B. discounting.C. simplifying.D. compounding.E. extrapol