1. The investment portfolio for a defined benefit retirement plan has declined in value during a year in which most financial market investments have incurred losses. Which one of the following would be impacted the most by this decline in portfolio value?
A. Individual participants in the plan
B. Employer sponsoring the plan
C. Brokerage firm that manages the plan investments
D. Third Party Administrator that handles the plan administration
2. The ___________ approach in an M&A setting attempts to determine the enterprise value or value of the company, by computing the present value of cash ?ows over the life of the company.
synergy
internal rate of return
net present value
payback
discounted cash flow
3. What is Purinex’s business model?
Discovery and development of new drugs
Reseller of farm equipment
Manufacture of computers
Acquisition of technology firms
GMO research