1. Use the information for the question(s) below. The Sisyphean Company has a bond outstanding with a face value of $1000 that reaches maturity in 15 years. The bond certificate indicates that the stated coupon rate for this bond is 8% and that the coupon payments are to be made semiannually. How much will each semiannual coupon payment be?

2. [4:19 PM]

   A. $120 B. $80 C. $40 D. $60

3. [4:19 PM]

   Which of the following statements is FALSE? A. Coupon bonds always trade for a discount. B. At any point in time, changes in market interest rates affect a bond's yield to maturity and its price. C. Most coupon bond issuers choose a coupon rate so that the bonds will initially trade at, or very near to, par. D. If the bond trades at a discount, an investor who buys the bond will earn a return both from receiving the coupons and from receiving a face value that exceeds the price paid for the bond.

4. [4:20 PM]

   Use the following information to answer the question(s) below. Rearden Metals has a current stock price of $30 share, is expected to pay a dividend of $1.20 in one year, and its expected price right after paying that dividend is $33. Rearden's expected capital gains yield is closest to: A. 6.4%. B. 4.0%. C. 8.2%. D. 10.0%.

5. [4:20 PM]

   Use the information for the question(s) below. Your firm needs to invest in a new delivery truck. The life expectancy of the delivery truck is five years. You can purchase a new delivery truck for an upfront cost of $200,000, or you can lease a truck from the manufacturer for five years for a monthly lease payment of $4000 (paid at the end of each month). Your firm can borrow at 6% APR with quarterly compounding. The effective monthly discount rate that you should use to evaluate the truck lease is closest to: A. 1.500%. B. 1.535%. C. 0.487%. D. 0.498%.

6. [4:21 PM]

   40.U.S. public companies are required to file their annual financial statements with the U.S. Securities and Exchange Commission on which form? A. 10K B. 10A C. 10Q D. 10SEC

7. [4:21 PM]

   38. Which of the following is NOT a financial statement that every public company is required to produce? A. Income Statement B. Balance Sheet C. Statement of Sources and Uses of Cash D. Statement of Stockholders' Equity

8. [4:22 PM]

   37.Use the information for the question(s) below. The Sisyphean Company has a bond outstanding with a face value of $1000 that reaches maturity in 15 years. The bond certificate indicates that the stated coupon rate for this bond is 8% and that the coupon payments are to be made semiannually. Assuming that this bond trades for $1112, then the YTM for this bond is closest to: A. 8.0%. B. 9.2%. C. 3.4%. D. 6.8%.

9. [4:22 PM]

   36 Use the information for the question(s) below. The Sisyphean Company has a bond outstanding with a face value of $1000 that reaches maturity in 15 years. The bond certificate indicates that the stated coupon rate for this bond is 8% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 7.5%, then this bond will trade at: A. a discount. B. par. C. a premium. D. None of the above

10. [4:22 PM]

    35 Which of the following organization forms accounts for the greatest number of firms? A. Sole proprietorship B. Limited partnership C. "C" corporation D. "S" corporation