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NEW QUESTION: 1
Byron Corporation's present capital structure, which is also its target capital structure, is 40 percent debt and 60 percent common equity. Next year's net income is projected to be $21,000, and Byron's payout ratio is 30 percent. The company's earnings and dividends are growing at a constant rate of 5 percent; the last dividend was $2.00; and the current equilibrium stock price is $21.88. Byron can raise all the debt financing it needs at 14 percent. If Byron issues new common stock, a 20 percent flotation cost will be incurred. The firm's marginal tax rate is 40 percent. What is the component cost of the equity raised by selling new common stock?
A. 16.4%
B. 15.0%
C. 12.0%
D. 17.0%
E. 14.6%
Answer: D
Explanation:
Explanation/Reference:
Explanation:
k(e) (component cost of external equity) = ($2.10/$21.88(1-.20)) + 0.05 = 17%.
NEW QUESTION: 2
Which two types of traffic are carried over a vPC peer link when no failure scenarios are present? (Choose two.)
A. multicast data traffic
B. vPC keep-alive messages
C. broadcast data traffic
D. unicast data traffic
Answer: A,C
Explanation:
The vPC peer link is the link used to synchronize states between the vPC peer devices.
The vPC peer link carries control traffic between two vPC switches and also multicast, broadcast data traffic. In some link failure scenarios, it also carries unicast traffic. You should have at least two 10 Gigabit Ethernet interfaces for peer links.
Reference: http://www.cisco.com/c/en/us/products/collateral/switches/nexus-5000-series- switches/configuration_guide_c07-543563.html
NEW QUESTION: 3
システムのタイムゾーンを正しく設定することが重要なのはなぜですか。
A. NTPは設定されたタイムゾーンに基づいて近くのサーバを選択するためです。
B. タイムゾーンはファイルの修正時刻の一部として保存され、ファイルの作成後には変更できないためです。
C. 環境変数LANGとLC_MESSAGESはデフォルトでタイムゾーンに従って設定されるためです。
D. Unixタイムスタンプから現地時間への変換はタイムゾーンの設定に依存しているためです。
Answer: D
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Feedbacks
Aalk - 2014-05-05 16:45:18
Plato - 2014-05-05 16:45:51
I successfully passed the CIPM exam, now I intend to apply for CIPM, you can be relatively cheaper?Or can you give me some information about CIPM exam?
Eleanore - 2014-09-28 16:36:48