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NEW QUESTION: 1
You work as a Finance Manager for Blue Well Inc. The company has a Windows-based network. You are using Excel spreadsheet for maintaining the financial budget and other financial calculations. You want to return the price per $100 face value of a security that pays interest at maturity. Which of the following financial functions will you use to accomplish the task?
A. PRICEMAT function
B. PPMT function
C. PRICE function
D. PRICEDISC function
Answer: A
Explanation:
Various financial functions (reference) are as follows:
1.ACCRINT function: It is used to return the accrued interest for a security that pays periodic interest.
2.ACCRINTM function: It is used to return the accrued interest for a security that pays interest at maturity.
3.AMORDEGRC function: It is used to return the depreciation for each accounting period by using a depreciation coefficient.
4.COUPDAYBS function: It is used to return the number of days from the beginning of the coupon period to the settlement date.
5.AMORLINC function: It is used to return the depreciation for each accounting period.
6.COUPDAYS function: It is used to return the number of days in the coupon period containing the settlement date.
7.COUPDAYSNC function: It is used to return the number of days from the settlement date to the next coupon date.
8.COUPNCD function: It is used to return the next coupon date after the settlement date.
9.COUPNUM function: It is used to return the number of coupons payable between the settlement date and maturity date.
10.
COUPPCD function: It is used to return the previous coupon date before the settlement date.
11.
CUMIPMT function: It is used to return the cumulative interest paid between two periods.
12.
CUMPRINC function: It is used to return the cumulative principal paid on a loan between two periods.
13.
DB function: It is used to return the depreciation of an asset for a specified period by using the fixed-declining balance method.
14.
DDB function: It is used to return the depreciation of an asset for a particular period by
using
the double-declining balance method.
15.
DISC function: It is used to return the discount rate for a security.
16.
DOLLARDE function: It is used to convert a dollar price that is expressed as a fraction into a dollar price that is expressed as a decimal number.
17.
DOLLARFR function: It is used to convert a dollar price that is expressed as a decimal number intoa dollar price that is expressed as a fraction.
18.
DURATION function: It is used to return the annual duration of a security with periodic interest payments.
19.
EFFECT function: It is used to return the effective annual interest rate.
20.
FV function: It is used to return the future value of an investment.
21.
FVSCHEDULE function: It is used to return the future value of a starting principal after applying a series of compound interest rates.
22.
INTRATE function: It is used to return the interest rate for a fully invested security.
23.
IPMT function: It is used to return the interest payment for an investment for a specified period.
24.
IRR function: It is used to return the internal rate of return for a series of cash flows.
25.
ISPMT function: It is used to calculate the interest paid during a particular period of an investment.
26.
MDURATION function: It is used to return the Macauley modified duration for a security with an assumed par value of $100.
27.
MIRR function: It is used to return the internal rate of return in which positive and negative cash flows are financed at different rates.
28.
NOMINAL function: It is used to return the annual nominal interest rate.
29.
NPER function: It is used to return the number of periods for an investment.
30.
NPV function: It is used to return the net present value of an investment on the basis of a series of periodic cash flows and a discount rate.
31.
ODDFPRICE function: It is used to return the price per $100 face value of a security with an odd first period.
32.
ODDFYIELD function: It is used to return the yield of a security with an odd first period.
33.
ODDLPRICE function: It is used to return the price per $100 face value of a security with an odd last period.
34.
ODDLYIELD function: It is used to return the yield of a security with an odd last period.
35.
PMT function: It is used to return the periodic payment for an annuity.
36.
PPMT function: It is used to return the payment on the principal for an investment for a particular defined period.
37.
PRICE function: It is used to return the price per $100 face value of a security that pays
periodic interest.
38.
PRICEDISC function: It is used to return the price per $100 face value of a discounted security.
39.
PRICEMAT function: It is used to return the price per $100 face value of a security that pays interest at maturity.
40.
PV function: It is used to return the current value of an investment.
41.
RATE function: It is use d to return the interest rate per period of an annuity.
42.
RECEIVED function: It is used to return the amount received at maturity for a fully invested security.
43.
SLN function: It is used to return the straight-line depreciation of an asset for one period.
44.
SYD function: It is used to return the sum-of-years' digits depreciation of an asset for a particular period.
45.
TBILLEQ function: It is used to return the bond-equivalent yield for a Treasury bill.
46.
TBILLPRICE function: It is used to return the price per $100 face value for a Treasury bill.
47.
TBILLYIELD function: It is used to return the yield for a Treasury bill.
48.
VDB function: It is used to return the depreciation of an asset for a specified or partial period by using a declining balance method.
49.
XIRR function: It is used to return the internal rate of return for a schedule of cash flows that is not necessarily periodic.
50.
XNPV function: It is used to return the net present value for a schedule of cash flows that is not necessarily periodic.
51.
YIELD function: It is used to return the yield on a security that pays periodic interest.
52.
YIELDDISC function: It is used to return the annual yield for a discounted security.
53.
YIELDMAT function: It is used to return the annual yield of a security that pays interest at maturity.
NEW QUESTION: 2
A General Ledger user at ABC.com opens the account inquiry screen, chooses a line item, and wants to drill down to Sub-ledger and find out more details about an Accounts Payable invoice. The user is unable to drill down. What is the likely explanation for this? (Choose two.)
A. Journal category was improperly setup.
B. Journal import was not done.
C. Drilldown was option not added to responsibility.
D. Journal source was not set up to import references.
E. Journal entry was not posted.
Answer: C,D
NEW QUESTION: 3
Click the exhibit.
Router R6 is a route reflector for clients R1, R2 and R5 with local preferences 100, 200 and 500 respectively. Router R3 advertises prefix 192.168.1.0/27 to routers R1, R2 and R5 which are configured with advertise-external. Routers R4 and R6 are both configured with "add-paths ipv4 send 2 receive".
Which routes to 192.168.0.1/27 is router R4 expected to have in its BGP routing table?
A. The routes from routers R1and R2.
B. Two routes are chosen at random and advertised to router R4.
C. The routes from routers R1, R2 and R5.
D. The routes from routers R2 and R5.
Answer: D
NEW QUESTION: 4
Which one of the following statements regarding collateralized mortgage obligations (CMO) is incorrect?
A. CMOs are asset-backed securities that have pools of collateralized debt obligations (CDOs) as
underlying collateral.
B. CMOs are pools of mortgages that are divided according to the timing of cash flows.
C. CMOs are generally less risky investment than CDOs.
D. CMOs have senior tranches which are considered short-term, low-risk instruments by banks
Answer: A
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