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MSci 261 (Spring 2015) Final Exam Review Problems (Solutions

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When and where do I write the exam?
Thursday, August 6, 12:30PM to 3:00 PM., in the PAC, main floor, IN SECTIONS 1, 2 AND 9.
PLEASE NOTE: another professor (Prof. Soltani Koopa) is also giving an MSCI 261 exam
in the PAC at the same time; BE SURE TO SIT IN SECTIONS 1, 2 AND 9 only.
What is covered on the Final Exam?
Answer: everything, i.e., not just “since the midterm exam.” To be more specific, all topics
covered in class, from the beginning of the term.
What kinds of questions will be on the Final Exam?
Answer: some “calculation” questions, some “set up an expression or equation” questions, and
some “concept” questions mostly in multiple choice problems. In other words, the final exam is
like the midterm, in terms of types of questions.
What formulas should I memorize?
Answer: if it is on the formula sheet (same as what was on the midterm exam, i.e. inside the
back cover of the textbook, plus the return on equity formula), then you don’t need to memorize
it. If it’s not on the formula sheet, then you do need to memorize it. As on the midterm exam,
the final exam will have a copy of the formula sheet attached.
Will there be any “trick” questions?
Answer: we try very hard to avoid “trick” questions. All questions have been reviewed by the
instructors and TAs several times, to remove ambiguities, and to make sure that all of the
information that you require is stated in the question. During the exam, read the question
carefully; look for key words like “before-tax,” “after-tax,” “actual,” and “real” to make sure that
you correctly match up the types of cash flows that are given with the types of MARR that you
need (or IRR that you seek). Also look for exactly what is asked of you – e.g. an expression, or a
numerical calculation, and sometimes a statement about what is the best course of action.
How should I optimize my study time for this final exam?
Answer:
(1) Read through slides that were posted on Learn, and also the notes that you took. Make sure
that you can do all of the questions that are in the slides for my lectures and for the tutorials by
the TAs – approximately half the marks on the exam will be for questions drawn from these
sources (with some minor changes, such as in the MARR value).
(2) Make sure that you understand how to do all the midterm exam questions. Solutions to all of

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[Solved] MSci 261 (Spring 2015) Final Exam Review Problems (Solutions

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  • Submitted On 07 Aug, 2015 05:09:52
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When and where do I write the exam? Thursday, August 6, 12:30PM to 3:00 PM., in the PAC, main floor, IN SECTIONS 1, 2 AND 9. PLEASE NOTE: another professor (Prof. Soltani Koopa) is also giving an MSCI 261 exam in the PAC at the same time; BE SURE TO SIT IN SECTIONS 1, 2 AND 9 only. What is covered on the Final Exam? Answer: everything, i.e., not just “since the midterm exam.” To be more specific, all topics covered in class, from the beginning of the term. What kinds of questions will be on the Final Exam? Answer: some “calculation” questions, some “set up an expression or equat...
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MSci 261 (Spring 2015) Final Exam Review Problems (Solutions

When and where do I write the exam? Thursday, August 6, 12:30PM to 3:00 PM., in the PAC, main floor, IN SECTIONS 1, 2 AND 9. PLEASE NOTE: another professor (Prof. Soltani Koopa) is also giving an MSCI 261 exam in the PAC at t...

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