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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. 12.0%
B. 17.0%
C. 15.0%
D. 14.6%
E. 16.4%
Answer: B
Explanation:
Explanation/Reference:
Explanation:
k(e) (component cost of external equity) = ($2.10/$21.88(1-.20)) + 0.05 = 17%.

NEW QUESTION: 2
Your customer wants to allow only the employee and direct manager access to edit the
metric field on a goal plan. Which code accurately reflects this requirement?
Please choose the correct answer.
Response:
A. < field-permission type="none">
<description>Manager and Employee may write to the metric field</description>
<role-name>E</role-name>
<role-name>EM</role-name>
<field refid="metric"/></field permission>
B. < field-permission type="write">
<description>Manager and Employee may write to the metric field</description>
<role-name>E</role-name>
<role-name>EM+</role-name>
<field refid="metric"/></field permission>
C. < field-permission type="write">
<description>Manager and Employee may write to the metric field</description>
<role-name>*</role-name>
<field refid="metric"/></field permission>
D. < field-permission type="write">
<description>Manager and Employee may write to the metric field</description>
<role-name>E</role-name>
<role-name>EM</role-name>
<field refid="metric"/></field permission>
Answer: D

NEW QUESTION: 3
Observe the Mobile Phones item class in the hierarchy shown. You are unable to perform add and remove actions for one of the security configuration rows under the Item Class People section.
Identify the cause for this behavior.

A. The item class security configuration cannot be modified because items already exist under the Mobile Phones item class.
B. The item class security configuration is locked for the Mobile Phones item class.
C. The selectd configuration row is inherited from the Gadgets or Electronics item class.
D. Item class security configurations can be modified only in Security Console.
E. Item class security configurations cannot be modified at all.
Answer: D

NEW QUESTION: 4
After installing the vLB component, you need to configure vLB. What is the configuration?
A. Service plane IP address of each WI server
B. Load balancing strategy
C. The host name of each W server
D. The management plane IP address of each W server
Answer: A

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