MOOC 金融学(常州大学怀德学院)1454243174 最新慕课完整章节测试答案

金融市场的类型

1、判断题：
‎Stock is one of the financial instruments traded on the money market.‍
选项：
A: 正确
B: 错误
答案: 【 错误】

金融的概念

1、判断题：
The roles of time and conditions of uncertainty are the two distinguishing characteristics of financial decisions. ‍‎‍
选项：
A: 正确
B: 错误
答案: 【 正确】

金融系统中资金的流动

1、单选题：
‏Suppose that Alice bought a house by obtaining a loan from a financial company, which raised funds by issuing stocks and bonds in the markets. Which one is correct about the flow of funds?   (                     )​
选项：
A: Surplus Units - Markets - Deficit Units
B: Surplus Units - Markets - Intermediaries - Deficit Units
C: Surplus Units - Intermediaries - Deficit Units
D: Surplus Units - Intermediaries - Markets - Deficit Units
答案: 【 Surplus Units - Markets - Intermediaries - Deficit Units】

信息、价格与有效市场假说(EMH)

1、判断题：
​When someone asserts he can make profit by analyzing public information of stocks, he is a supporter of the semi-strong form of EMH.  True or False?‍
选项：
A: 正确
B: 错误
答案: 【 错误】

债券的基本概念、一价定律与债券定价

1、单选题：
​Assume a 2-year bond with a face value of $1,000 that makes annual coupon payments at a coupon rate 5%. What would be the price for the bond given the information that a 1-year zero coupon bond with $100 face value is priced at $90, while 2-year zero coupon bond with $200 face value is priced at $160?‏
选项：
A: $880
B: $885
C: $888
D: $890
答案: 【 $885】

基于盈利与投资机会的股票估值模型

1、单选题：
‌An analyst uses the constant growth DDM to evaluate QRS stock. She assumes expected earnings of $10 per share, an earnings retention rate of 75%, an expected rate of return on future investments of 18% per year, and a market capitalization rate of 15% per year. What is her estimate of QRS’s price? What is the implied net present value of future investments?‏
选项：
A: $167.67 & $110
B: $166.67 & $120
C: $166.87 & $100
D: $166.67 & $100
答案: 【 $166.67 & $100】

票面利率、当前收益率与到期收益率

1、单选题：
‍What are the current yield and yield to maturity on a three-year bond with a face value of $1,000 and a coupon rate of 6% per year and a price of $900?‎
选项：
A: 6.67%  &  10.02%
B: 6.85%  &  10.02%
C:  6.67%  &  10.08%
D: 6.65%  &  10.06%
答案: 【 6.67%  &  10.02%】

股利折现模型（DDM）

1、单选题：
​XYZ stock is expected to pay a dividend of $2 per share a year from now, and its dividends are expected to grow by 6% per year thereafter. If its price is now $20 per share, what must be the market capitalization rate?​
选项：
A: 16.3%
B: 16.8%
C: 16.0%
D: 15.6%
答案: 【 16.0%】

账面价值与市场价值

1、判断题：
‎The book value of an asset as reported on a balance sheet often differs from the asset’s market value, and for financial decision-making purposes, the correct value to use is the book value whenever available. True or False?​
选项：
A: 正确
B: 错误
答案: 【 错误】

PC1000项目

1、单选题：
‏Suppose you are a manager in the personal computer division of Compusell Corporation, a large firm that manufactures many different types of computers. You come up with an idea for a new type of personal computer, which you call the PC1000. Your estimates assume that sales will be 4,000 units per year at a price of $5,000 per unit. The total fixed costs are $3,500,000 per year, in which the depreciation is $400,000. The variable costs are $4,000 per unit for the PC1000. The corporate income tax rate is 40% per year. The initial outlay for PC1000 is $5,000,000 and an additional $2,200,000 you will get back at the end of the project’s life in year 7. The rate used to discount the cash flows is 15%. What would be the NPV of the PC1000 project?​
选项：
A: -$1,260,845
B: -$1,360,645
C: -$1,270,645
D: -$1,260,645
答案: 【 -$1,260,645】

2、单选题：
​Suppose you are a manager in the personal computer division of Compusell Corporation, a large firm that manufactures many different types of computers. You come up with an idea for a new type of personal computer, which you cal