UGBA 103
University Of California - Berkeley
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UGBA 103 PRACTICE EXAM I 100% CORRRECT
- Exam (elaborations) • 7 pages • 2021
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UGBA 103 
Final Exam 
PRACTICE EXAM I 
Time: 3 hours 
Name: 
Student id#: 
Note: Throughout the exam, assume that there are no frictions, i.e., perfect capital 
markets, information is immediately incorporated into stock prices, there is no spread 
between borrowing and lending rates, etc. If nothing else is stated, assume that everything 
is in real terms. Also, if nothing else is stated, do not consider taxes. If you think that you 
need to make additional assumptions, please specify these. 
C...
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