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Instructions:
· Please answer each question. I do grade with liberal partial credit so please attempt each and every question as a blank questions will necessarily be given a ‘0’ grade
· This exam is given on the honor system and you may use the following:
ü Financial calculator
ü 2 sheets of paper, to be used as a study/memory aid with anything written on then that you wish, both sides
· You will have 3 hours to complete the exam from the moment you open the exam file, please do not read it ahead of time
· Complete the exam in a word file
· For problems involving calculation: Show all work – I do not give credit for answers only I want to see that you understand the finance involved in arriving at a solution
· Once you are done please submit to the midterm exam tab in our course site
· Each question is of equal weight.
I have attached the textbook for your reference

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