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NEW QUESTION: 1
Company M's current profit before interest and taxation is $5.0 million.
It has a long-term 10% corporate bond in issue with a nominal value of $10 million.
The rate of corporate tax is 25%.
It plans to continue to pay out 50% of its earnings in dividends and earnings are expected to grow by 3% each year in perpetuity.
Its cost of equity is 10%.
Using the dividend growth model, advise the Board of Directors of Company M which of the following provide a reasonable valuation of Company M's equity?
A. $44.1 million
B. $73.6 million
C. $22.1 million
D. $50.1 million
Answer: C

NEW QUESTION: 2
Your company's executive team voted to give a one-time special bonus, the amount of which is to be based on number of years of service. The bonus table will be updated using a procedure called update_bonus().
Examine this PL/SQL block which shows the logic to calculate the bonus:

Consider these possible optimization actions:
1.Remove the service_days calculation statement.
2.Move bonus1 and bonus2 initializations out of the loop.
3.Inline the update_bonus() subprogram.
4.Call update_bonus(), passing the literal bonus amount instead of the bonus1 or bonus2 variables.
Which set of optimizations will be performed if this block is compiled with PLSQL_OPTIMIZE_LEVEL = 2?
A. 1, 2, 3, and 4
B. 1 and 2 only
C. 1 and 3 only
D. 3 and 4 only
E. 1, 2, and 4 only
Answer: B

NEW QUESTION: 3
Which two descriptions of a Cisco UCS service profile are true? (Choose two.)
A. may contain server operating system
B. may contain firmware version information
C. may contain VMware vSphere virtual machine definition
D. may contain UUID, MAC address for each virtual NIC, and WWN specifications for each HBA
E. may be used to define the storage and networking characteristics of multiple servers
Answer: D,E

NEW QUESTION: 4
Which statement is false based on the real business cycle theory?
A. Productivity shocks are as likely to be caused by changes in aggregate demand as by technological change.
B. Real business cycle theory regards random fluctuations in productivity as the main source of economic fluctuations.
C. A period of rapid productivity growth brings an expansion, and a decrease in productivity triggers a recession.
Answer: A
Explanation:
This is actually one of the main criticisms of RBC theory.

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