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NEW QUESTION: 1
You need to develop a rule that will determine the person's income in dollars. Your policy model does not have such an attribute yet.
How can you create this attribute?
A. Go to the Project Tab in the Policy Modeling, then select "inclusions" and then select "new" and enter the details in the new attribute window.
B. Go to the Data Tab in Policy Modeling, then select "define" and enter the details in the new attribute window.
C. Select "define variable attribute" in the Policy Modeling Toolbar from your rule document.
D. Develop the rule and save the rule document. The attribute will be automatically added to the data model.
Answer: B

NEW QUESTION: 2
Which of the following are properties of a secure digital identity? (Select all that apply.)
A. Nondescriptive
B. Unique
C. Encrypted
D. Nominative
Answer: A,B

NEW QUESTION: 3
A fundamental analyst is examining the perpetual preferred stock of a large telecom company. The preferred stock is expected to pay a quarterly dividend of $0.55, and the required rate of return is 11.75% per year. At what price would this preferred stock be fairly valued?
A. $18.20
B. $16.44
C. $18.72
D. The answer cannot be calculated from the information provided.
E. $21.14
F. None of these answers is correct.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Assuming that the quarterly dividend is to remain unchanged forever allows us to use the standard perpetuity model, which is illustrated as follows:
Value of preferred stock = {Annual dividend / required rate of return}
In this example, we are given the quarterly dividend, which must be multiplied be annualized in order to be imputed into the perpetuity valuation equation.
So said, a quarterly dividend of $0.55 translates into a yearly dividend of $2.20. Incorporating this yearly dividend into the perpetuity valuation model will result in the following:
Value of preferred stock = {$2.20 / 0.1175} = $18.72