Arizona State University - FIN 421 / FIN421 Practice Midterm - Answers
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Course
FIN 421
Institution
FIN 421
Shares outstanding (St), stock prices (Pt), and Dividends (Dt+1) for assets A and B are
given below. All dividends are paid out at the end of the year, 12/31/2014. Asset B
performed a 3:1 stock split at the beginning of the year, 01/01/2014. What is the value
weighted portfolio return?
Date Ass...
• Only calculator and pen are allowed. A formula sheet is provided on the last page.
• You are to answer these questions without consulting anyone.
• Show your work wherever necessary.
• Manage your time wisely. Shorter answers are often better.
, Part I. Multiple Choice Questions (6 points each)
Choose only one answer for each question and write the corresponding letter in the table
below. No justifications required.
Question Answer
1
2
3
4
5
6
2
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