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NEW QUESTION: 1
Corbin Inc. can issue three-month commercial paper with a face value of $1,000,000 for $980,000.
Transaction costs would be $1,200. The effective annualized percentage cost of the financing, based on a
3 60-day year, would be:
A. 2.16%
B. 8.00%
C. 8.48%
D. 8.65%
Answer: D
Explanation:
Choice "c" is correct. The cost to issue the commercial paper is the $20,000 original issue discount ($1
million - $980,000), plus transaction costs of $1,200 for a total of $21,200. Therefore, it costs $21,200 to
borrow $980,000 for 3 months. The 3-month interest cost is 2.16% ($21,200 / $980,000).
The annual interest cost is 8.65%
Choices "a", "b", and "d" are incorrect, per the above calculation.
NEW QUESTION: 2
A. FCP
B. SCSI
C. NAS
D. DAS
Answer: B
Explanation:
Explanation: References:
NEW QUESTION: 3
You want to define a tree or hierarchy for use in reports and allocations.
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D. It is fine to have the same child value roll up to two or more different parent values.
E. You need to flatten the rows to be able to use drilldown in Smart View and you must publish the tree to view the hierarchy in Essbase cubes.
Answer: A,B,D
NEW QUESTION: 4
Which of the following commands is used to format a floppy disk in the second floppy disk drive?
A. mount /dev/fd0
B. mkfs /dev/fd1
C. mount /dev/fd1
D. mkfs /dev/fd0
Answer: B
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Aalk - 2014-05-05 16:45:18
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