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NEW QUESTION: 1
Given that the beginning value on a stock is $530, expected earnings are $50, the dividend payout ratio is
40%, and the required rate of return is 14%, what is the minimum expected ending value of the stock that makes it a profitable investment?
A. $591.20
B. $584.20
C. Not enough information
D. $604.20
E. $611.20
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Expected dividends equal 50 x 0.4 = $20. In order for a stock to be a good investment, its rate of return should be equal to or greater than the required rate of return. The minimum ending value that would make the stock investment in this question profitable is given by the equation (P2 + D) / P1 = 1 + k, where P2 is the ending value, P1 is the beginning value, D is the expected dividend, and k is the required rate return.
Rearranging this yield P2 = ((k + 1) x P1) - D In this question, the minimum ending value is (1.14 x 530) -
20 = $584.20.

NEW QUESTION: 2
Which of the following statements is false with respect to factors that influence the attractiveness of financing with warrants and convertibles?
A. These hybrid securities are generally unsecured by the issuer.
B. If management expects future growth prospects to outweigh its risks, then issuing convertible bonds or bonds with warrants would be deemed as more prudent than issuing straight bonds.
C. These hybrid securities are more commonly issued by either smaller companies or companies that are facing financial distress.
Answer: B
Explanation:
Since a convertible bond will always be higher in price than the corresponding straight bond, its YTM will thus always be lower than that of a straight bond.
If management expects future growth prospects to outweigh its risks, than issuing convertible bonds or bonds with warrants would imply that these future earnings will have to be shared among new shareholders as well. Thus, the more prudent move would be to issue straight bonds so that the exiting shareholders may keep those increased earnings amongst themselves.

NEW QUESTION: 3
Refer to the exhibit.

An Intersight API is being used to query RackUnit resources that have a tag keyword set to "Site". What is the expected output of this command?
A. error message because the tag filter should be lowercase
B. list of all sites that contain RackUnit tagged compute resources
C. list of all resources that have a tag with the keyword "Site"
D. error message because the Value field was not specified
Answer: C

NEW QUESTION: 4
CRMに含めるためにEloquaによってどの3つのカスタムWebリンクを生成できますか?
A. データ実行ツール
B. Eloquaからの退会
C. キャンペーンに追加
D. 活動概要
E. Eloquaに追加
F. メールを送る
Answer: A,D,F

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