This Test bank is designed for use with the Ninth Edition of Financial Management : Theory and Practice.



Significant changes were made in the Ninth Edition of Financial Management, and we naturally modified the Test Bank to replect these changes. Quaestions and problems were added or deleted to reflect materials added and deleted.



Problems which require a financial calculator are dclearly identified, and are also placed in a separate section of the relevant Test bank chapters. Although many of these problems can actually be solved without using a financial calculator, to do so would be overly time consuming. Most of these problems are found in the time value of money, bond and stock valuation, and the capital budgeting chapters. We also revised a number of the existing problems such that they can be solved efficiently using tabular methods or with a financial calculator. The answers these and other problems include both tabular and financial calculator solutioons, as well as time lines.



Instructors who use the paper copy of the Test Bank will also benefit from the descriptor line for each question/problem. Rather than searching through each chapter for questions dealing with specific topics, the instructor can now turn to the solution listing, which immediately follows the problem listing, and scan the questions by topic. The item descriptor line in the solution listing has the item difficulty, answer, and work-out problem solution. The instructor can select a set of potential exam questions in this manner and then examine each question individually to construct the actual exam.