1. When evaluating financial projects and decisions, we are most interested in: a. Total taxes b. Marginal cash flows c. Book values d. Accounting profits 2. Assume that you went to Las Vegas and hit the jackpot for S5 million. Further assume that you were offered a choice to receive the S5 million today, or receive it in two years. According to one of the principles of finance, which would you take? a. You would be indifferent as to when you would receive the $5 million b. The $5 million today because it would be worth more than if you would receive it in two years. c. The $5 million in two years because it would be worth more than if you would receive it today. d. The $5 million in two years because you would be afraid of spending it all right away 3. If you want to have $5,362 in 33 months, how much money must you put in a savings account today? Assume that the savings account pays 11% and it is compounded monthly Round to two decimal places. a. $3,967.81 PV=FV(1+r) 'n _interest means that interest is earned on both the principal payment and any interest previously earned on the investment. a. Nominal b. Compound c. Portfolio d. Simple 5. You purchased 500 shares of Kaldwin Inc. common stock one year ago for $33.03 per share. You received total dividends of S1.52 per share over the last year and decide to close out your position by selling at $33.99 per share. What is your holding period return? Submit your answer as a percentage and round to two decimal places. HRP (Pend+ Div -Pbeg)/Pbeg 6. The goal of the firm should be a. Maximization of sales b. Maximization of shareholder wealth c. Maximization of market share d. Maximization of profits (net income per share) 7. You decide you want your child to be a millionaire. You have a son today and you deposit $14,000 in an investment account that earns 8.41% per year. The money in the account will be distributed to your son whenever the total reaches $1,000,000. How old will your son be when he gets the money(round to the nearest year)? a. 53 n-[In(FV)/In(PV)/[In(1+r)]