Finc 371 quiz stuvia 2024 Study guides, Class notes & Summaries
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FINC 371 Quiz Questions & Answers (GRADED A+)
- Exam (elaborations) • 12 pages • 2024
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true or false: financial decision making is based on the concept of wealth maximization - ANSWERtrue 
 
true or false: the internal rate of return is the interest rate for which a project's net present value (NPV) is exactly equal to zero - ANSWERtrue 
 
true or false: initial equity is the purchase price less any debt used to complete the purchase - ANSWERtrue 
 
which of the following is not a characteristic of risk? 
a) the later the cash flows are expected to be received, the greater the ri...
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FINC 371 Exam 3 quiz Questions & Answers 100% Correct!!
- Exam (elaborations) • 4 pages • 2024
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The changing image of the mobile home has been brought about by which of the following factors? - ANSWERimproved design 
 
A patio house, or zero-lot-line house is similar to a detached house. - ANSWERtrue 
 
In order to determine project feasibility, developers need to know the local market. - ANSWERtrue 
 
The attached row house is a type of dwelling on its own fee simple lot that shares - ANSWERcommon walls 
 
Patio apartments are similar to - ANSWERdetached houses 
 
Mobile-home financing ha...
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