Update: Finance Sample Exam
This is my version of the Finance practice test.
Update: I have changed Problem #4 to reflect a sensible solution. The problem is actually more like pp. 444-446 than I thought. If you would like to compare my solution to the textbook problem, pretend like there is no “Low Debt” company, and just work the problem for the “High Debt” case, which has a risk of default.
Download the PDF of Problem #4
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