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Practice Problems

15 comprehensive practice problems with detailed step-by-step solutions to master finance concepts.

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beginner

TVM Single Sum

Time Value of Money

Find present value from a future amount using basic discounting.

2 requirements3 solution steps
📈
intermediate

NPV Two-Year Project

Capital Budgeting

Evaluate a short project with NPV and make an accept/reject decision.

2 requirements3 solution steps
💵
intermediate

Bond Pricing - Annual Coupon

Bond Valuation

Price a corporate bond with annual coupon payments.

2 requirements4 solution steps
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advanced

WACC with Three Sources

Cost of Capital

Calculate WACC when a firm uses debt, common equity, and preferred stock.

2 requirements4 solution steps
📉
beginner

CAPM Expected Return

Risk and Return

Use the Capital Asset Pricing Model to find the expected return on a stock.

2 requirements3 solution steps
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intermediate

Stock Valuation - DDM

Stock Valuation

Value a dividend-paying stock using the Gordon Growth Model.

2 requirements3 solution steps
🎯
advanced

IRR - Three Year Project

Capital Budgeting

Find the IRR for a three-year project and compare to the hurdle rate.

2 requirements3 solution steps
🏠
intermediate

Annuity - Mortgage Payment

Time Value of Money

Calculate the monthly mortgage payment using the annuity formula.

2 requirements3 solution steps
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intermediate

PV of Uneven Cash Flows

Time Value of Money

Find the present value of a series of unequal cash flows.

2 requirements5 solution steps
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beginner

Current Ratio Analysis

Financial Statements

Calculate and interpret the current ratio for a company.

3 requirements3 solution steps
📊
beginner

Debt-to-Equity Interpretation

Financial Statements

Calculate D/E ratio and assess a firm's leverage.

2 requirements3 solution steps
beginner

Payback Period Comparison

Capital Budgeting

Compare two projects using the payback period method.

2 requirements3 solution steps
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intermediate

Profitability Index Ranking

Capital Budgeting

Rank three projects by profitability index under capital rationing.

2 requirements4 solution steps
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intermediate

Cash Conversion Cycle

Working Capital

Calculate the cash conversion cycle from operating data.

2 requirements4 solution steps
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advanced

Optimal Capital Structure

Capital Structure

Find the debt ratio that minimizes WACC from a given schedule.

2 requirements4 solution steps

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