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NEW QUESTION: 1
A firm's capital structure consists of 25% debt with a pre-tax cost of 7% and an after-tax cost of 4.9%.
Common equity makes up 45% of the structure and the rest is made up of preferred equity. Thepreferred stock has a coupon of 8% and is currently trading at 84% of its par value. The required rate of return on the common stock is 16.2%. The firm's WACC is ________.
A. 10.92%
B. 11.5%
C. 11.90%
D. 11.37%
Answer: D
Explanation:
Explanation/Reference:
Explanation:
To get the WACC in this case, you need to have information on the cost of preferred stock. This is not necessarily equal to the coupon rate on the preferred equity. Rather, it is the discount rate, R, that equates the present value of the perpetual payments on the preferred equity to its current price. The price of a perpetuity that pays C per year, at a discount rate of R, equals C/R. In this problem, since the preferred stock is at 84% and pays 8% coupon, we have 84% = 8%/R, giving R = 9.52%. Now, the interest payments on debt are tax-deductible but those on preferred equity are not. Hence, no tax adjustment is necessary for preferred stock but you must use after-tax cost of debt in WACC calculations. With this in mind, WACC
0.25*4.9% + 0.45*16.2% + 0.3*9.52% = 11.37%.

NEW QUESTION: 2
An environment consists of many Linux servers running on z Systems where manual configuration for capacity reporting is necessary.
Which action should the Administrator take?
A. Take Action on the Configure Capacity Fixlet on relevant computers
B. Take Action on the Create Capacity Configuration for Linux on z Systems Task
C. Run the IBM PVU Subcapacity report and recalculate
D. Run the Data Import for z Systems capacity reporting
Answer: A

NEW QUESTION: 3
Citrix管理者は、以下のフィルタのリストを使用してCitrixポリシーを設定しました。
- クライアントIPアドレス：183.4.0.100-183.4.0.200
- ユーザーまたはグループ：マーケティング部
- ユーザグループ：マーケティングエグゼクティブ
どの2つの接続がポリシー設定を受け取りますか？ （2つ選んでください。）
A. Marketing DepartmentおよびMarketing Executivesグループの一部であるが、エンドポイントクライアントのIPアドレスが183.4.0.100-183.4.0.200の範囲内にないユーザー。
B. マーケティング部に属しているが、エンドポイントクライアントのIPアドレスが183.4.0.100-183.4.0.200の範囲にあるマーケティングエグゼクティブグループには属していないユーザー。
C. マーケティング部に属しているが、エンドポイントクライアントのIPアドレスが183.4.0.100〜183.4.0.200の範囲にないMarketing Executiveグループに属していないユーザー。
D. マーケティング部の一部であり、エンドポイントクライアントのIPアドレスが183.4.0.100-183.4.0.200の範囲内にあるMarketing Executiveグループの一部であるユーザー。
Answer: B,D
Explanation:
説明/参照：
Explanation:

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