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Question 77
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When evaluating the qualifications of a board member, which of the following is least likely to be considered a positive factor? The board member:) ~. h% Q% I+ t4 ]
A) has board membership in excess of 10 years.! `7 W# e! G: u6 H2 ]
B) regularly attends meetings.
& h& c9 M4 q& u) [C) has made public statements regarding his ethical positions.. r1 B: B- e0 l# b/ ~" F/ Z3 P
D) has experience on other boards.0 I6 l0 M& O4 k# [! ^
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答案和详解如下：
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Question 78
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Which of the following is most accurate regarding the component costs and component weights in a firm’s weighted average cost of capital (WACC)?8 t; v% F% ]8 n* D: P
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A) The dividend exclusion for corporate investments in preferred stock reduces the after-tax cost of preferred stock.% P9 P1 g0 X+ W. J
B) The weights in the WACC should be based on the book values of the individual capital components.$ n3 Z( c v7 f# B4 ?' {
C) The appropriate pre-tax cost of a firm’s new debt is the average coupon rate on the firm’s existing debt.
c* X9 y7 d5 {: sD) 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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发表于 2015-7-19 10:00:04
