|
|
- G5 L0 o5 ?3 q! W" EQuestion 77* }& v: _+ l1 H- N9 [ t( K2 `: `( U
2 F- R0 _8 d3 r$ F+ ^When evaluating the qualifications of a board member, which of the following is least likely to be considered a positive factor? The board member:
- i/ M5 T! M- i0 j* k8 S6 x! t# U8 `A) has board membership in excess of 10 years./ ?& K7 b# @) y% L: Q. q
B) regularly attends meetings.4 V- d# K3 D i) D1 h
C) has made public statements regarding his ethical positions.* { s5 o, u5 m! A$ b9 ~
D) has experience on other boards.# `0 G4 a0 Q! h c" A
' {% |, T, y2 u# a$ I# g; ?8 K
答案和详解如下：
& k- V) w0 N/ W$ d
+ i$ P3 u7 b4 I4 c, b' y
7 n9 P# c4 t& U; z) YQuestion 78
: m7 O# c7 ?- n. H
% y% H G' z! s+ k4 c* n5 s" TWhich of the following is most accurate regarding the component costs and component weights in a firm’s weighted average cost of capital (WACC)?7 Y& S7 N" r5 U: k2 p+ Q: E
5 N! N! j. L. g, o" q7 ZA) The dividend exclusion for corporate investments in preferred stock reduces the after-tax cost of preferred stock.& V1 f. `( c/ X% ]
B) The weights in the WACC should be based on the book values of the individual capital components.
/ g9 k6 t, Z6 d! J& m- |C) The appropriate pre-tax cost of a firm’s new debt is the average coupon rate on the firm’s existing debt.
( P6 A6 G5 X" @) UD) Taxes reduce the cost of debt for firms in countries in which interest payments are tax deductible.8 h2 u. b$ n2 U4 ?6 z
. j2 M8 n1 G! r" r& \答案和详解如下：/ m/ l- u/ S" e* Y2 E: w
|
|
发表于 2015-7-19 10:00:04
