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8 F i* z }5 D: A3 f1 iQuestion 771 q% J, }0 e( ^! @6 N6 F5 {
3 Z" [/ \6 C/ K# w6 bWhen evaluating the qualifications of a board member, which of the following is least likely to be considered a positive factor? The board member:7 }, E) V) N0 K! {* Y$ [- q1 G1 }
A) has board membership in excess of 10 years.
' B+ n% p2 g7 M7 DB) regularly attends meetings.
0 N9 P/ f& P5 C. f8 \- oC) has made public statements regarding his ethical positions.8 C0 Y4 Q1 D' L" _
D) has experience on other boards.
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O! @) {7 a/ j; Z) {答案和详解如下:9 M' L2 p i0 q; \. n8 Q3 L
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Question 78
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( q8 O) U2 _8 s/ u) e0 }% VWhich of the following is most accurate regarding the component costs and component weights in a firm’s weighted average cost of capital (WACC)?) p1 p: Y. M; n: C
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A) The dividend exclusion for corporate investments in preferred stock reduces the after-tax cost of preferred stock.
6 ` ~6 c* S6 eB) The weights in the WACC should be based on the book values of the individual capital components.
9 V2 l& C& @9 c. }, S' uC) The appropriate pre-tax cost of a firm’s new debt is the average coupon rate on the firm’s existing debt.
, c. r9 B0 g& A5 a" AD) Taxes reduce the cost of debt for firms in countries in which interest payments are tax deductible.
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答案和详解如下:
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