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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:
; m$ c/ m% T2 p: ~0 v8 e MA) has board membership in excess of 10 years.
& U% E- e# B7 g$ d# L) O( sB) regularly attends meetings.$ M# R7 k( \5 D
C) has made public statements regarding his ethical positions.
7 o: ^8 m: C, b4 p, n0 sD) has experience on other boards.
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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)?. }% I( _$ z1 Y" _6 I' N' |/ b" O
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A) The dividend exclusion for corporate investments in preferred stock reduces the after-tax cost of preferred stock.
% O0 o- d; \7 k6 JB) The weights in the WACC should be based on the book values of the individual capital components.
3 u: o0 a3 M% `4 S/ ^) RC) The appropriate pre-tax cost of a firm’s new debt is the average coupon rate on the firm’s existing debt.
5 _' E4 @: j6 r* OD) Taxes reduce the cost of debt for firms in countries in which interest payments are tax deductible.; ^& ]$ F2 Q% Y4 B& T& w O0 _
6 x0 E4 h. \5 g9 R, X0 D答案和详解如下：
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发表于 2015-7-19 10:00:04
