Is this test multiple choice or essay-like?

does he have practice exams?

9/25/2007 9:17:22 PM

As he said in class, 4-8 MC questions, 2 problems, and a couple short answers - ie, could be answered in one to two sentences. As far as practice exams, not so much. But as long as you study what's on the exam review sheet, you'll be good to go. His tests are really easy and straightforward.

9/25/2007 9:40:44 PM

thanks!

9/25/2007 10:00:53 PM

Fuck problem 2C

9/28/2007 3:39:03 PM

haha i forgot which one that was, was that the one with the comparative advantage stuff? cuz i fucked up on that one bad. I was able to graph it but not come up with numbers

9/29/2007 1:37:45 PM

Yeah, thats the one. I could never get it to work, so I just wrote down some "work" and I'm hoping for partial credit. The rest of it the exam was easy except for that.

9/29/2007 2:26:11 PM

I've read the exam 2 review, but do we know the format for Exam 2?

10/26/2007 2:50:34 PM

same as the first test but their will only be one short answer and i think 4 problems

10/26/2007 3:05:01 PM

Did he give us any topics to focus on for the problems?

10/26/2007 3:25:16 PM

is this test only up through chapter 8?

10/27/2007 2:57:53 PM

^ yep

10/27/2007 5:43:14 PM

thanks

i'm having trouble finding FPPP in the book, i'm sure it's the same premise as PPP just in the forwards market, but what exactly are we supposed to know for the test?

[Edited on October 27, 2007 at 8:47 PM. Reason : jank]

10/27/2007 8:45:56 PM

also, what are the options payout maps? the graphs showing when puts/calls are in/at/out of money?

10/27/2007 10:18:46 PM

do you go to class ?

10/28/2007 12:43:30 PM

nope haha

did good on the test though, it's not hard stuff

10/28/2007 1:35:32 PM

in spite of the material, this exam came across as easier than the first

10/29/2007 3:50:39 PM

i agree, i had a bit of trouble with the first problem, only because it was reversed from the example in the book so i had to actually think it out, i think i'll get partial, the rest was fine though

10/29/2007 4:04:52 PM

see, if you actually went to class, we had an example just like that

10/29/2007 4:34:07 PM

lol

10/29/2007 5:53:54 PM

i agree. i thought this exam was easier than the first.

10/29/2007 6:12:35 PM

for anyone who missed class, test was given back today, 85 average for the class. if you want the answers lemme know and i'll post em

10/31/2007 6:06:16 PM

what were the answers to mc #2 and #3

11/2/2007 12:03:58 PM

2 was B, dunno about 3 cause I got it wrong too

11/2/2007 1:40:42 PM

do we have class today?

lol

11/19/2007 12:55:28 PM

we DID

11/19/2007 4:34:56 PM

so test this coming wednesday is chapters 9, 15 and 16 right? or am i missing one?

11/24/2007 3:21:27 PM

I heard it was a class that mystery was running

11/25/2007 1:59:08 AM

and that means?

11/25/2007 2:25:46 AM

just one question, on the book website for the practice problems, there is one that says

Consider a project to invest abroad, the size and timing of the after-tax incremental cash flows are shown in the following table:
Year 0 1 2 3
Cash Flow -€500,000 €100,000 €100,000 €500,000

Estimate the NPV of the project to the shareholders of a U.S. firm. The inflation rate in dollars is two percent per year, the inflation rate in euros is three percent. The spot exchange rate is $1.08 = €1.00 and the discount rate appropriate for projects of this risk (denominated in dollars) is 10 percent.

A) $38,767.63 = the answer

The discount rate in euros is 11.08% (9.9% is a common mistake). The NPV is €35,895.95. At the spot rate this is $38,767.63.

how did they get the discount rate in euros? i've tried everything i can think of

11/27/2007 9:31:45 PM

maybe you should try going to class next time. This is similar to example 2 he worked out in class on Monday.

did you work out WACC?

[Edited on November 27, 2007 at 11:55 PM. Reason : ...]

11/27/2007 11:54:22 PM

lol

anyway, WACC can't be calculated without knowing which weights are applied to equity and debt financing.

and you can nitpick all you want, but i'm getting credit for the class just like you without going, i will still get my degree. i'm posting this because it bothers the hell out of me

11/28/2007 2:06:58 AM

not a bad test at all

11/28/2007 2:55:19 PM

i wouldn't say that recommending going to class is nitpicking...

and I know how to calculate WACC, I didn't look at the problem, so I was just giving a blind suggestion.

you may get your degree, but I sat through class to learn.

11/28/2007 4:13:31 PM

you didn't look at the problem, so you replied because?

and again, i wouldn't get my degree without learning the stuff. i just happen to be able to learn things on my own. and my question isn't unreasonable nor is it an indication of my comprehension, there are people in class that ask questions and they've been there AND read. and it is nitpicking because it's not relevant. people who remark with "maybe you should try and go to class" are just trying to feel good about themselves. it's like a person who turns someone in for something completely petty just to feel like they have power over them.

11/28/2007 4:55:53 PM

.

[Edited on November 28, 2007 at 6:00 PM. Reason : .]

11/28/2007 5:44:19 PM

haha, anyway, what did you think of the test?

11/28/2007 8:02:16 PM

the NPV question got me... i thought i had it down, but something didn't look right when i finished it. i'm not sure about a few of the M/Cs either... he had too many words in the answers, lol. I rocked the first 2 exams, so i'm not too worried about the grade, just the fact that I don't think I really know what I was doing on that test.

11/28/2007 8:25:01 PM

what did you answer for the npv question that is the only one that tricked me

11/28/2007 8:29:28 PM

i think i "approved" it... but as soon as i walked out, i thought... "reject!"

11/28/2007 8:41:15 PM

i accepted also what around what number did u get

11/28/2007 10:18:48 PM

i approved it and my answer was like 700k or so a bit above

11/28/2007 10:29:05 PM

anyone have the notes for the homeowner's insurance section?

12/9/2007 8:09:38 PM

you mean bus 425? if so, i haven't finished watching the last few lectures, so i can get back to you later this week.

12/9/2007 8:13:28 PM

haha i'm an idiot, yea i meant 425

and thanks

12/9/2007 8:19:25 PM

Does anyone have the answers for the first exam?

12/12/2007 10:55:03 AM

Multiple Choice
1. c
2. c
3. d
4. f
5. b
6. c
7. b
8. e

Short Answers
1. You can make a profit of $22,068.97 per arbitrage opportunity
2a. Country B has an absolute advantage in both steel and corn
2b. Yes, you expect a trade - Country A exports steel, Country B exports corn
2c. If 100% dedicated to steel, country A will produce 216 tons of steel. If equal amounts of steel and corn, they would have 72 bushels of corn and 72 tons of steel. If they trade, they will keep 108 tons of steel, and trade 108 tons of steel to get corn from country B.
3. doesn't matter for this exam
4a. disappointed
4b. disappointed
4c. pleased

12/12/2007 11:04:53 AM

good luck on the test everyone

12/12/2007 11:27:36 AM

anyone take the final already? any pointers or hints?

12/13/2007 7:42:00 PM

follow the study guide and you'll be golden. no surprises. the past 3 exams were very helpful

12/13/2007 9:39:47 PM

yup, but most importantly, don't just recognize the type of problem and automatically follow the steps you did on the tests. for instance, the arbitrage problem was the same setup as on the previous test, but you had to go through a different exchange rate instead of just straight from us to euro to yen to us.

12/13/2007 10:32:39 PM