CORNELL HADM 3210 - Prelim II Exam Review-WithAnswers-3210-F13 revised 4 November (11 pages)

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Prelim II Exam Review-WithAnswers-3210-F13 revised 4 November



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Prelim II Exam Review-WithAnswers-3210-F13 revised 4 November

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Pages:
11
School:
Cornell University
Course:
Hadm 3210 - Principles of Hospitality Real Estate

Unformatted text preview:

School of Hotel Administration HAdm 3210 Principles of Hospitality Real Estate Cornell University Fall 2013 Preliminary Examination II Announcement The Preliminary Examination is scheduled for Tuesday November 19 at 7 30pm in Statler 265 Last Names A K Statler 196 Last Names L S and Statler 165 Last Names T Z There will not be a makeup exam except by university excuse You should bring to the exam 1 2 Several pencils A financial calculator see syllabus You may bring to the exam 1 One 1 sheet 8 X 11 or A4 of paper with any facts notes formulas etc you wish to have during the exam i e two crib sheets one of which might be the one you created for the preliminary exam The sheets must be handwritten originals you may write on both sides you will be asked to turn in the sheets with your exam The present value formulas will be provided see top of next page You may not use during the exam 1 Any personal musical device cell phone computer laptop or PDA The exam will consist of a series of multiple choice short answer and calculation type problems The exam covers material presented in Lectures 11 21 You should know how to perform present value calculations on your financial calculator including The present value of a future cash flow The present value of an annuity The monthly or annual loan payment for a given loan and the mortgage constant Net Present Value and IRR for the analysis of a multi year investment See next page for formulas that will be provided Suggestions for Study 1 2 3 4 Review the text and readings Review your lecture notes and the lecture outlines Review the homework and their respective solutions on the Blackboard site Assignments section Study the practice prelim questions attached 1 The practice problems are meant to be indicative of the types of questions you will see on the preliminary examination 1 True False Mezzanine debt holders get paid before equity a True 2 Describe how one could obtain a promoted interest promote in a project a The promoted



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