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    Fakultas Ekonomika Dan Bisnis Universitas Stikubank Semarang

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    Ivan Ainsworth
    This document contains instructions and questions for a mid-semester exam in Finance Management 2. It includes 9 questions covering topics like: 1) Explaining different methods of transferring capital between parties. 2) Discussing why insurance companies are willing to provide life insurance but not flood insurance in certain areas. 3) Calculating option prices using the Black-Scholes and Binomial models. 4) Analyzing and comparing investment projects using NPV, IRR, and MIRR. The questions require explanations of financial concepts as well as calculations.

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    Fakultas Ekonomika Dan Bisnis Universitas Stikubank Semarang

    Uploaded by

    Ivan Ainsworth
    65 views2 pages
    This document contains instructions and questions for a mid-semester exam in Finance Management 2. It includes 9 questions covering topics like: 1) Explaining different methods of transferring capital between parties. 2) Discussing why insurance companies are willing to provide life insurance but not flood insurance in certain areas. 3) Calculating option prices using the Black-Scholes and Binomial models. 4) Analyzing and comparing investment projects using NPV, IRR, and MIRR. The questions require explanations of financial concepts as well as calculations.

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    Ujian Tengah Semester

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    This document contains instructions and questions for a mid-semester exam in Finance Management 2. It includes 9 questions covering topics like: 1) Explaining different methods of transferring capital between parties. 2) Discussing why insurance companies are willing to provide life insurance but not flood insurance in certain areas. 3) Calculating option prices using the Black-Scholes and Binomial models. 4) Analyzing and comparing investment projects using NPV, IRR, and MIRR. The questions require explanations of financial concepts as well as calculations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    65 views2 pages

    Fakultas Ekonomika Dan Bisnis Universitas Stikubank Semarang

    Uploaded by

    Ivan Ainsworth
    This document contains instructions and questions for a mid-semester exam in Finance Management 2. It includes 9 questions covering topics like: 1) Explaining different methods of transferring capital between parties. 2) Discussing why insurance companies are willing to provide life insurance but not flood insurance in certain areas. 3) Calculating option prices using the Black-Scholes and Binomial models. 4) Analyzing and comparing investment projects using NPV, IRR, and MIRR. The questions require explanations of financial concepts as well as calculations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    FAKULTAS EKONOMIKA DAN BISNIS UNIVERSITAS STIKUBANK

    SEMARANG

    UJIAN MID SEMESTER GANJIL THN AKADEMIK 2020/2021

    MATA KULIAH : MANAJEMEN KEUANGAN 2


    KELOMPOK : A2
    HARI/TANGGAL : SENIN, 19 APRIL 2021
    PROGDI : S-1 M
    WAKTU : 12.50 WIB.

    PETUNJUK: 1. TULIS KELOMPOK DAN DOSEN PENGAMPUNYA.


    2. TAKE HOME EXAM.
    3. JAWABAN DIKETIK MS WORDS 1 SPASI.
    4. JAWABAN DIUPLOAD DI ELEARNING.
    5. TIDAK MENERIMA JAWABAN LEWAT E-MAIL.
    6. TIDAK ADA TOLERANSI KETERLAMBATAN UPLOAD.

    1. Transfer modal antara pemilik modal dengan orang-orang yang membutuhkan modal dapat
    dilakukan melalui tiga proses, seperti pada gambar di bawah ini.

    1. Direct Transfers.

    Securities (Stocks or Bonds)


    Business Savers
    Dollars

    2. Indirect Transfers through Investment Bankers

    Securities Investment Securities


    Business Banking Savers
    Dollars House Dollars

    3. Indirect Transfers through a Financial Intermediary

    Business’s Intermediary’s
    Securities Financial Securities
    Business Intermediary Savers
    Dollars Dollars

    Pertanyaan:
    Jelaskan, bagaimana transfer tersebut berlangsung?.

    2. Berdasarkan apa yang telah Anda pelajari tentang pasar versus risiko yang dapat didiversifikasi
    (spesifik), jelaskan mengapa perusahaan asuransi tidak memiliki masalah dalam menjual asuransi
    jiwa kepada individu tetapi enggan mengeluarkan kebijakan yang menjamin kerusakan akibat banjir
    pada penduduk di wilayah pesisir.
    Mengapa perusahaan asuransi tidak langsung membebankan premi kepada penduduk pesisir yang
    mencerminkan kemungkinan kerusakan aktuaria akibat angin topan dan badai lainnya?.

    3. True or false? Explain or qualify as necessary.


    a. Investors demand higher expected rates of return on stocks with more variable rates of return.
    b. The capital asset pricing model predicts that a security with a beta of zero will provide an
    expected return of zero.

    1
    c. An investor who puts $10,000 in Treasury bills and $20,000 in the market portfolio will have
    a portfolio beta of 2.0.
    d. Investors demand higher expected rates of return from stocks with returns that are highly
    exposed to macroeconomic changes.
    e. Investors demand higher expected rates of return from stocks with returns that are very sensitive
    to fluctuations in the stock market.

    4. Black-Scholes Model
    Use the Black-Scholes Model to find the price for a call option with the following inputs: (1)
    current stock price is $30, (2) strike price is $35, (3) time to expiration is 4 months, (4) annualized
    risk-free rate is 5%, and (5) variance of stock return is 0.25. Explain your answer.

    5. Binomial Model
    The current price of a stock is $15. In 6 months, the price will be either $18 or $13. The annual risk-
    free rate is 6%. Find the price of a call option on the stock that has a strike price of $14 and that
    expires in 6 months. Explain your answer.

    6. Analisis rasio keuangan dilakukan oleh manajer, investor ekuitas, kreditor jangka panjang, dan
    kreditor jangka pendek. Apa penekanan utama dari masing-masing kelompok ini dalam
    mengevaluasi rasio?. Jelaskan.
    7. Mengapa terkadang menyesatkan untuk membandingkan rasio keuangan perusahaan dengan rasio
    keuangan perusahaan lain yang beroperasi di industri yang sama. Jelaskan.

    8. Divisi Anda sedang mempertimbangkan dua proyek investasi, yang masing-masing membutuhkan
    pengeluaran di muka sebesar $ 75 ribu. Anda memperkirakan bahwa investasi akan menghasilkan
    arus kas bersih berikut:
    Tahun Proyek A Proyek B

    1 $ 25,000 $ 100,000
    2 50,000 50,000
    3 50,000 30,000
    4 75,000 20,000

    Pertanyaan:
    a. Berapa nilai sekarang bersih kedua proyek, dengan asumsi biaya modal 5%, dan 10%.
    b. Hitung IRR MIRR kedua proyek dengan biaya modal yang sama (5% dan 10%).
    c. Jika kedua proyek tersebut bersifat mutually exclusice, maka proyek mana yang akan dipilih.
    Jelaskan semua jawaban untuk pertanyaan a, b, dan c.

    9. Missing lyric:
    neol hyanghan …. ….
    nan nege …. .. ….
    dalkomhan …. ….
    neon naege … .. ….

    Pertanyaan:
    Apa judul lagu dan penyanyinya?.

    ======bofy’21======

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