金融经济学(浙江财经大学)1461506161 中国大学MOOC答案2024版100分完整版

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?​

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 call the PC1000. The initial outlay for PC1000 is $5,000,000. The total fixed costs are $3,500,000 per year, in which the depreciation is $400,000. The variable costs are $3,750 per unit for the PC1000. Your estimates assume that the price of the personal computer is $5,000 per unit. The corporate income tax rate is 40% per year. And an additional $2,200,000 you will get back at the end of the project’s life in year 7.What would be the break-even volume for the PC1000 project if the cost of capital is 25% per year?‏

A: 4,281
B: 4,181
C: 4,151
D: 4,256
答案:  4,181

个人生命周期财务规划

1、单选题：
‍Georgette is currently 30 years old, plans to retire at age 65 and to live to age 85. Her labor income is $25,000 per year, and she intends to maintain a constant level of real consumption spending over the next 55 years. Assume no taxes, no growth in real salary, and a real interest rate of 3% per year. What is the value of Georgette’s human capital? And what is her permanent income?‎

A:  $547,180.50; $20,063.19
B: $537,180.50; $20,063.19
C: $537,180.50; $20,763.19
D: $537,190.50; $20,163.19
答案:  $537,180.50; $20,063.19

净现值与内部报酬率的计算

1、单选题：
As CEO of ToysRFun, you are offered the chance to participate, without initial charge, in a project that produces cash flows of $5,000 at the end of the first period, $4,000 at the end of the next period and a loss of $11,000 at the end of the third and final year.‏(a)What is the net present value (NPV) if the relevant discount rate (the company’s cost of capital) is 10%?‏(b)What is the internal rate of return (IRR)?‏

A: (a) -$423.22;   (b) 13.6%
B: (a) -$413.22;   (b) 12.6%
C: (a) -$413.22;   (b) 13.6%
D: (a) -$403.22;   (b) 13.9%
答案:  (a) -$413.22;   (b) 13.6%

单利、复利等基本概念

1、单选题：
‎Suppose you put $1,000 into an account earning an interest rate of 5% per year for 5 years, and assuming you take nothing out of the account before then. What is the future value? What are the simple interest and the compound interest?​

A: FV=$1,376.28; simple interest=$350; compound interest=$26.28
B: FV=$1,226.28; simple interest=$200; compound interest=$26.28
C: FV=$1,276.28; simple interest=$250; compound interest=$26.28
D: FV=$1,279.28; simple interest=$250; compound interest=$29.28
答案:  FV=$1,276.28; simple interest=$250; compound interest=$26.28

复利、计息频率与有效年利率

1、单选题：
​You take out a loan at an APR (annual percentage rate) of 12% with monthly compounding. What is the effective annual rate on your loan?​

A: 13.68%
B: 12.98%
C: 13.98%
D: 12.68%
答案:  12.68%

2、单选题：
‍Suppose a $10,000 T-bill that will mature in 3 months is currently selling for $9,800. If you purchase and hold the T-bill to maturity what rate of return would you earn on this investment computed as a continuously compounding annual rate (over the 3-month period)?‎

A: 8.181%
B: 8.081%
C: 9.011%
D: 8.053%
答案:  8.081%

资本预算决策与净现值法则

1、单选题：
‌You are taking out a $100,000 mortgage loan to be repaid over 25 years in 300 monthly payments.‍‌      (a)    If the interest rate is 16% per year what is the amount of the monthly payment?‍(b)    If you can only afford to pay $1000 per month, how large a loan could you take? ‍(c)    If you can afford to pay $1500 per month and need to borrow $100,000, how many months would it take to pay off the mortgage?‍(d)    If you can pay $1500 per month, need to borrow $100,000, and want a 25 year mortgage, what is the highest interest rate you can pay?‍

A: (a) $1358.89;   (b) $73,590;   (c) 166;   (d) 1.582% per month
B: (a) $1368.89;   (b) $73,590;   (c) 176;   (d) 1.482% per month
C: (a) $1358.89;   (b) $75,590;   (c) 166;   (d) 1.482% per month
D: (a) $1358.89;   (b) $73,590;   (c) 166;   (d) 1.482% per month 
答案:  (a) $1358.89;   (b) $73,590;   (c) 166;   (d) 1.482% per month