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NEW QUESTION: 1
Rollins Corporation is constructing its MCC (marginal cost of capital) schedule. Its target capital structure is
20 percent debt, 20 percent preferred stock, and 60 percent common equity. Its bonds have a 12percent coupon, paid semiannually, a current maturity of 20 years, and sell for $1,000. The firm could sell, at par,
$100 preferred stock, which pays a 12 percent annual dividend, but flotation costs of 5 percent would be incurred. Rollins' beta is 1.2, the risk-free rate is 10 percent, and the market risk premium is 5 percent.
Rollins is a constant growth firm, which just paid a dividend of $2.00, sells for $27.00 per share, and has a growth rate of 8 percent. The firm's policy is to use a risk premium of 4 percentage points when using the bond-yield-plus-risk-premium method to find k(s) (component cost of retained earnings). The firm's net income is expected to be $1 million, and its dividend payout ratio is 40 percent. Flotation costs on new common stock total 10 percent, and the firm's marginal tax rate is 40 percent. What is Rollins' cost of retained earnings using the CAPM (Capital Asset Pricing Model) approach?
A. 16.9%
B. 13.6%
C. 14.1%
D. 16.6%
E. 16.0%
Answer: E
Explanation:
Explanation/Reference:
Explanation:
Cost of retained earnings (CAPM approach): k(s) (component cost of retained earnings) = 10% + 1.2(5%)
= 16.0%.
NEW QUESTION: 2
アクセスコントロールポリシールールで使用できる2つのアクションはどれですか。 （2つ選択してください。）
A. 発見
B. リセット付きブロック
C. すべてをブロック
D. 分析
E. モニター
Answer: B,E
NEW QUESTION: 3
A. Option A
B. Option C
C. Option B
D. Option D
Answer: A
Explanation:
Explanation
This can be verified via the ASDM screen shot shown here:
NEW QUESTION: 4
사용자가 AWS에 하이브리드 클라우드 아키텍처를 배포하는 것은 무엇을 의미합니까?
A. 일부 리소스는 온-프레미스에서 실행되고 일부 리소스는 코 로케이션 센터에서 실행됩니다.
B. 온-프레미스 인프라를 사용하는 모든 리소스
C. 일부 리소스는 온 프레미스에서 실행되고 일부 리소스는 AWS 클라우드에서 실행됩니다.
D. 모든 리소스가 AWS 클라우드에서 실행됩니다.
Answer: C
Explanation:
Reference: https://aws.amazon.com/hybrid/