1、单选题：
The Bluebird Company has a $10,000 liability it must pay three years from today. The company is opening a savings account so that the entire amount will be available when this debt needs to be paid. The plan is to make an initial deposit today and then deposit an additional $2,500 a year for the next three years, starting one year from today. The account pays a 3% rate of return. How much does the Bluebird Company need to deposit today? （ ）
选项：
A:$2,079.89
B:$4,276.34
C:$3,108.09
D:$1,867.74
答案: 【$2,079.89】

2、单选题：
Suzette is going to receive $10,000 today as the result of an insurance settlement. In addition, she will receive $15,000 one year from today and $25,000 two years from today. She plans on saving all of this money and investing it for her retirement. If Suzette can earn an average of 11% on her investments, how much will she have in her account if she retires 25 years from today? （ ）
选项：
A:$546,072.91
B:$536,124.93
C:$595,098.67
D:$541,414.14
答案: 【$595,098.67】

3、单选题：
You are investing $100 today in a savings account at your local bank. Which one of the following terms refers to the value of this investment one year from now? （ ）
选项：
A:principal amounts
B:discounted value
C:future value
D:present value
答案: 【future value】

4、单选题：
Sara invested $500 six years ago at 5 percent interest. She spends her earnings as soon as she earns any interest so she only receives interest on her initial $500 investment. Which type of interest is Sara earning?
选项：
A:simple interest
B:interest on interest
C:complex interest
D:free interest
答案: 【simple interest】

5、单选题：
Shelley won a lottery and will receive $1,000 a year for the next ten years. The value of her winnings today discounted at her discount rate is called which one of the following? （ ）
选项：
A:simple amount
B:present value
C:single amount
D:future value
答案: 【present value】

6、单选题：
Which one of the following will produce the highest present value interest factor? （ ）
选项：
A:8 percent interest for five years
B:6 percent interest for eight years
C:6 percent interest for five years
D:6 percent interest for ten years
答案: 【6 percent interest for five years】

7、单选题：
Which one of the following terms is defined as a conflict of interest between the corporate shareholders and the corporate managers? （ ）
选项：
A:corporate breakdown
B:bylaws
C:agency problem
D:articles of incorporation
答案: 【agency problem】

8、单选题：
Which one of the following is a capital budgeting decision? （ ）
选项：
A:determining how much inventory to keep on hand
B:deciding how to refinance a debt issue that is maturing
C:deciding whether or not to purchase a new machine for the production line
D:determining how many shares of stock to issue
答案: 【deciding whether or not to purchase a new machine for the production line】

9、多选题：
Which of the following questions are addressed by financial managers? （ ）
选项：
A:Should the firm borrow more money?
B:Should customers be given 30 or 45 days to pay for their credit purchases?
C:Should the firm acquire new equipment?
D:How should a product be marketed?
答案: 【Should the firm borrow more money?;
Should customers be given 30 or 45 days to pay for their credit purchases?;
Should the firm acquire new equipment?】

10、多选题：
Which of the following should a financial manager consider when analyzing a capital budgeting project? ( )
选项：
A:project start up costs
B:timing of all projected cash flows
C:dollar amount of each projected cash flow
D:dependability of future cash flows
答案: 【project start up costs ;
timing of all projected cash flows;
dollar amount of each projected cash flow ;
dependability of future cash flows】