FIN 417 Enthusiastic Study / snaptutorial.com

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FIN 417 Enthusiastic Study--snaptutorial.com
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FIN 417 Enthusiastic Study--snaptutorial.com
Fin 417 Week 1 Quiz For more classes
visit www.snaptutorial.com   1. (TCO 1) Evidence
of a secured interest is shown through the
________. 2. (TCO 1) What type of estate expires
on a definite date? 3. (TCO 1) Which of the
following is FALSE concerning Mechanics
Liens? 4. (TCO 1) Future estates
________. 5. (TCO 1) Which type of deed conveys
property without seller warranties? 6. (TCO 1) A
________ must lawfully have a title that they
claim to have a property in order for the
transfer of title to be valid.
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FIN 417 Enthusiastic Study--snaptutorial.com
Fin 417 Week 2 Quiz For more classes
visit www.snaptutorial.com   1. (TCO 3, 4) If you
deposit 2,000 in an account that earns 5 per
year, compounded annually, you will have 2,553
at the end of 5 years. What would be the balance
in the account at the end of 5 years if interest
compounds monthly? 2. (TCO 3, 4) Ten years ago,
you put 150,000 into an interest- earning
account. Today, it is worth 275,000. What is the
effective annual interest earned on the account?
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FIN 417 Enthusiastic Study--snaptutorial.com
  Fin 417 Week 3 Quiz For more classes
visit www.snaptutorial.com   1. (TCO 3) A
borrower takes out a 30-year mortgage loan for
250,000 with an interest rate of 5. What would
the monthly payment be? 2. (TCO 3) A borrower
takes out a 30-year mortgage loan for 250,000
with an interest rate of 5 and monthly payments.
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FIN 417 Enthusiastic Study--snaptutorial.com
FIN 417 Week 3 You Decide For more classes
visit www.snaptutorial.com   FIN 417 Week 3 You
Decide  
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FIN 417 Enthusiastic Study--snaptutorial.com
Fin 417 Week 4 Quiz For more classes
visit www.snaptutorial.com   1. (TCO 5) The
market value of a loan is ________ 2. (TCO 5)
Which of the following is TRUE regarding the
incremental cost of borrowing? 3. (TCO 5) A house
is for sale for 250,000. You have a choice of
two 20-year mortgage loans with monthly payments
(1) if you make a down payment of 25,000, you
can obtain a loan with a 7 rate of interest or
(2) if you make a down payment of 50,000, you
can obtain a loan with a 5 rate of interest.
What is the effective annual rate of interest on
the additional 25,000 borrowed on the first loan?
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FIN 417 Enthusiastic Study--snaptutorial.com
Fin 417 Week 5 Quiz For more classes
visit www.snaptutorial.com   1. (TCO 7) Consider
the figure above. The difference between the
existing stock of space and Point D represents
________. 2. (TCO 7) The difference between the
existing stock of space and the equilibrium
occupancy is known as _______
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FIN 417 Enthusiastic Study--snaptutorial.com
FIN 417 Week 6 Practice Problem Solutions For
more classes visit www.snaptutorial.com   Question
12-1 What is financial leverage? Why is a
one-year measure of return on investment
inadequate in determining whether positive or
negative financial leverage exists   Question
12-2 What is the break-even mortgage interest
rate (BEIR) in the context of financial leverage?
Would you ever expect an investor to pay a
break-even interest rate when financing a
property? Why or why not?  
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FIN 417 Enthusiastic Study--snaptutorial.com
Fin 417 Week 6 Quiz For more classes
visit www.snaptutorial.com   1. (TCO 8) Under
which conditions would one be MOST LIKELY to see
an interest rate swap? 2. (TCO 8) A lender
requires a 1.20 debt coverage ratio as a minimum.
If the net operating income of a property is
60,000, what is the maximum amount of debt
service the lender would allow? 3. (TCO 8) A
property is financed with a 75 loan at 11.5
over 25 years. The property produces an ATIRR on
total investment of 8.34 based on a tax rate of
31. What can be said about the leverage
associated with the property?
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FIN 417 Enthusiastic Study--snaptutorial.com
FIN 417 Week 6 You Decide For more classes
visit www.snaptutorial.com   FIN 417 Week 6 You
Decide  
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FIN 417 Enthusiastic Study--snaptutorial.com
Fin 417 Week 7 Quiz For more classes
visit www.snaptutorial.com   1. (TCO 9) The
marginal rate of return for a property is
______ 2. (TCO 9) Consider the information in the
table above. What is the marginal rate of return
for keeping the property one additional
year? 3. (TCO 9) A property could be sold today
to provide an after-tax cash flow from sale of
800,000. The after-tax cash flow from
operations next year is 40,000. If sold next
year, the property is expected to provide an
after-tax cash flow of 824,000. What is the
marginal rate of return for holding the property
for an additional year?
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FIN 417 Enthusiastic Study--snaptutorial.com