This is an individual assignment, and not a group or team project. Complete this exam alone and do not discuss this examination with your classmates. If you do not complete this exam alone, you run the risk of receiving a failing grade in this class. Any hint of cheating or working with others will cause both parties to receive a failing grade.
Do all of your calculations within the spreadsheet so that your solution process can be checked. Determine your answers in your downloaded exam. Do not copy the exam into another spreadsheet. Do not copy answers into the exam except for Q10, as calculations may be lost and the grading links corrupted. If cell calculations are not there, it will be assumed that they did not happen and points deducted.
The time value of money is relevant to all questions. Assume all transactions happen at the end of periods unless indicated differently. Assume annual compounding if not stated differently. Assume that “today” is the last day of year 0. State any additional assumptions clearly. Format rates as percentages with two decimal places. Some questions may have information that is not needed.
If sources other than course material and the textbook are used in a question, cite them.
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