Matsuda Economics Laboratory -MEL- © 2004-2010 Kazu Matsuda All rights reserved.

Queens College

Bus 241 Corporate Finance

About Midterm Exam


  1. Midterm exam is scheduled on 3/23/2006 Thursday at our regular classroom and time.
  2. Don't cheat. Every college has very strict policy of punishment for cheaters.
  3. No notes or textbooks of any kind are allowed during the exam. (No open book exam.)
  4. Write letters and numbers as legible as possible.
  5. Clearly indicate the question number which you are solving.
  6. Bring your calculator.
  7. If you have any calculation questions, write the necessary process of calculation leading to the final answer on the exam paper. This is because the process is more important than the result.

Grading Policy

  1. Midterm exam has the weight of about 34% of the course grade. This is subject to change.
  2. Grading system is 'the relative' system. You will be compared to the class mean. If your exam score is around the class mean, you will get a letter grade of B. If your exam score is above the class mean, you will get a letter grade of better than B. If your exam score is below the class mean, you will get a letter grade of less than B.


  1. Midterm exam will cover all the topics we cover from the 1st class to the last class before midterm exam. The midterm exam will probably cover chapters 1, 2, 4, 5, 6, 7.


  1. Approximately 65% of the points are allocated to short essay questions.
  2. Approximately 35% of the points are allocated to multiple choice questions.
  3. For short essay questions, you will probably have questions in which you need to calculate the intrest rates and PVs & FVs using a calculator. And some questions regarding financial statements, CAPM, bonds, etc. Topics we have covered during the class.
  4. Mutiple choice questions come from the instructor's test bank which accompanies the requires textbook for the instructor. Study guide (available at for the required textbook have sample multiple choice questions. You can visit the textbook's accompanying website, too.

Recommended Strategy for the Exam

  1. Read lecture notes.
  2. It is very helpful to read the required textbook and try solving some chapter-end application questions to strengthen your understanding.
  3. The more you know, the better you become. It is possible that you will have a question which was not covered during the class but it is in the textbook.

Skip the Following

Ch.2: Modifying Accounting Data For Managerial Decisions, MVA and EVA

Ch.3 Entire chapter

Ch.4: Yield to Call

Kenrokuen Garden