Financial management mcqs

Which of the following is NOT an example of a financial intermediary? * 0 Bank of America 0 Vanguard Mutual Fund 0 El Dorado Savings and Loan Association. 0 Pakistan International Airlines (PIA) If share of common stock pays dividend of $1.80 per year and the required rate of return for the stock is 8%, then what is the intrinsic value * 0 $2.25 0 None of the options An effective annual Interest rate which is equivalent to a nominal rate of 10.1% compounded semi annually is * 10.516% 10.35% 10.47% 10.381% 0000 The focal point of financial management in a firm is: * O The creation of value for shareholders. O The minimization of the amount of taxes paid by the firm. 0 The dollars profits earned by the firm. 0 The number and types of products or services provided by the firm. How are funds allocated efficiently in a market economy? * O The most powerful economic unit receives thefunds The economic unit that considers itself most in need of funds receives them. highest expected return receives the funds. Receipt of the funds is rotated so that each 0 The economic unit that is willing to pay the 0 economic unit can receive them in turn. $ 100 at the end of three years is worth how much today, assuming a discount rate of 100 percent *