Corporate Finance - Final Information | BUSFIN 1311, Exams of Finance

Download Corporate Finance - Final Information | BUSFIN 1311 and more Exams Finance in PDF only on Docsity! Final Information Corporate Finance The exam will cover all of the information from the midterm to the end of the semester. To the extent that we covered a topic again or I consider it basic finance knowledge, (i.e., how to do a simple DCF, compute the CAPM) it is fair game for the exam. I will not review the problem sets or notes from the first part of the class when I write the exam. Please refer to the syllabus for the specifics. There is only an hour and 50 minutes for the exam so you will need to be proficient at recognizing the correct solution method quickly. It will consist of approximately one third multiple choice questions which will cover concepts and simple problems. One third shorter problems and the remaining third will be long problems. The cheat sheet should be one normal piece of paper and you can type the information as long as it is “original” typing. In other words, don’t just reduce all the class notes, fit it on one sheet and read it with a magnifying glass. You may write on both sides of the sheet. Remember the goal of the cheat sheet is not to deny you information but to encourage you to simplify the concepts and formulas. Please see the syllabus if you want additional cheat sheet and grading information. You can use a spreadsheet and/or calculator to assist on the exam but neither can have any pre-programmed functions or templates. Please see the syllabus for additional information on what tools you can and can not use during the exam. Though you can use these tools, credit and more important, partial credit will be awarded based on what you write on the exam. To get full credit on a problem, you must show your initial set up including formulas and obviously the correct final answer. To maximize your partial credit include the inputs into the formula, i.e. r, t, s, x, u and d. If I see the set-up is perfect but the final answer is wrong, I usually only count off for a math error which is a minimal deduction. I am not a mind reader so make sure you give me a road map. Your answer will be graded based on what you write down on the exam, not how you explain it to me after the exam. If you can’t figure out a portion of a problem, for instance the r, assume the r is X %, tell me that and go on. On problems where you may need the normal distribution function, I will provide the N(d1), N(d2), N(-d1) and N(-d2). DO NOT try to find d via the N(d), they will not necessarily correspond. In addition, even though you will be given the N(d), you still need to show the computation of d1 and d2. The problem groups emphasize the computational portion of the material. This does not mean the conceptual information is not important rather the concepts do not lend themselves to practice problems. To most efficiently study, I would focus on the cases and problems for the computational portion of the material and the lecture notes for concepts. When I write the exam, I focus on the material in the cases, problem groups and lectures.