7. Two companies, Dirty Inc. and Filthy Inc., have access to 5 different production processes, each of which has a different cost and produces a different amount of pollution. The daily costs of the processes and the number of tons of smoke emitted are shown in the table below.
Suppose pollution is initially unregulated. If the City Council imposes a tax of $91 per day on each ton of smoke emitted, then what will be the total cost to society of the resulting reduction in pollution? (10%)

8. Suppose there are three power-generating plants, each of which has access to 5 different production processes. The table below summarizes the cost of each production process and the corresponding number of tons of smoke emitted each. Suppose the government decides to impose a tax on each ton of smoke emitted. What would be the lowest tax, in whole dollars, that would reduce emissions to 6 tons per day? (10%)

9. Larry has to select one graduate school out of the three that he got accepted to. Larry was not offered for any financial aid from Elite U, which charges $50,000 annually. Larry places a $60,000 annual value on attending Elite U. Larry was awarded an annual $10,000 scholarship by State College, which charges $30,000 per year. Larry considers State College to be worth $40,000 a year. NoName U costs $20,000 per year, and offered Larry a full $20,000 annual scholarship. Larry values attending NoName at $15,000 per year. What is Larry's opportunity cost of attending State College? (10%)

10. A firm pays Pam $40 per hour to assemble personal computers. Each day, Pam can assemble 4 computers if she works 1 hour, 7 computers if she works 2 hours, 9 computers if she works 3 hours, and 10 computers if she works 4 hours. Pam cannot work more than 4 hours a day. Each computer consists of a motherboard, a hard drive, a case, a monitor, a keyboard, and a mouse. The total cost of these parts is $600 per computer. If the firm sells each computer for $625, then how many hours a day should the firm employ Pam to maximize the firm's net benefit from her employment? (10%)

一. A game of chance offers the following odds and payoffs. Each play of the game costs $50, so the net profit per play is the payoff less $50. | What are the expected cash payoff and expected rate of return? (5 分) Calculate the variance and standard deviation of this rate of return? (5 分)

二. A portfolio contains equal investments in 10 stocks. Five have beta of 1.3; the remainder have a beta of 1.6. What is the portfolio beta? (5 分)

三. 請敘述股利政策的 Miller and Modigliani(1961)“股利無關論”(dividend irrelevance theory)與 Lintner and Gorden 的“一鳥在手理論”(bird-in-the-hand theory)與“所得稅差異論”(tax preference theory)。(15 分)

四. 請說明資本結構的抵換理論 (Trade-off theory) 和融資順位理論 (Pecking order Theory) 並說明其差異與假設。(15 分)

五. 請敘述 Fama 所提出的三種不同型式的效率市場並說明其反應何種資訊集合? (10 分)

六. 請說明如何利用證券市場線 (security market line) 證明資本資產定價理論 (CAPM) 為真? (10 分)

七. 請敘述內部報酬率法 (Internal Rate of Return) 的缺陷並詳述修正的方法 (包含公式) (10 分)

115年 - [無官方正解]115 國立臺北大學_日間學士班轉學生招生考試試題_會計學系日間學士班2、3年級：經濟學#147578

115年 - 115 國立臺北大學_碩士班一般入學考試試題_國際企業研究所：經濟學#147103

115年 - 115 國立臺北大學_碩士班一般入學考試試題_金融與合作經營學系：經濟學#146932

115年 - 115 國立臺北大學_碩士班一般入學考試試題_自然資源與環境管理研究所：經濟學#146790

115年 - 115 國立臺北大學_碩士班一般入學考試試題_財政學系：經濟學#146671

115年 - [無官方正解]115 國立嘉義大學_碩士班招生考試試題_財務金融學系：經濟學#143920

114年 - 114 國立臺北大學_碩士班一般入學考試試題_國際企業研究所：經濟學#147269

114年 - 114 國立臺北大學_碩士班一般入學考試試題_財政學系：經濟學#147055

114年 - 114 國立臺北大學_碩士班一般入學考試試題_金融與合作經營學系：經濟學#147049

114年 - 114 國立臺北大學_碩士班一般入學考試試題_自然資源與環境管理研究所：經濟學#146762