2022–2023 YO Sınavı Çıkmış Soruları

1. Which of the followings is a sale of all of a company or all of a business/product line to another party in exchange for cash or securities? A) Consolidation B) Acquisition C) Hostile takeower D) Business alliance E) Divestiture

2. DUO Corp. has a historical beta of 1.38 and the expected market return is 13%, whereas the risk-free rate is 4%. According to above data, what is the required return of the stockholders of DUO? A) 19.72% B) 17.63% C) 16.42% D) 15.51% E) 13.42%

3. Suppose that there are two companies which are selling in the market at different prices and they are almost identical except their capital structures. Which of the following statement can be true about these companies according to Modigliani and Miller theory? A) The companies will have same market price by way of arbitrage. B) The one company will be at greater risk of bankruptcy. C) This information shows that markets may not be efficient. D) The one company will have greater value with higher financial leverage. E) This information proves that there is asymmetric information.

4. Which of the following is the last phase of merger and acquisition process? A) The screening process B) Conducting a postclosing evaluation C) Building the business plan lar.net D) Negotiation E) First contact

5. Which of the following is a security, representing a debt owed by the issuer to the investor? A) Stock B) Futures C) Swap D) Bond E) Option