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1 L; ]( x) M0 S- M! ?" a8 SQuestion 778 p3 {; b2 W. x0 F9 T* [2 S
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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:: a6 o) z/ p7 m% S
A) has board membership in excess of 10 years.* e6 ^+ K0 g4 C- x2 J
B) regularly attends meetings.
" ~& o; K' k- }0 J; X( F0 e6 r/ e7 xC) has made public statements regarding his ethical positions.7 h# ^* ?/ }/ m) f9 \
D) has experience on other boards.
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答案和详解如下：4 x# ~! G6 q& \+ a
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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)?
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% ~" P$ b9 x, r% zA) The dividend exclusion for corporate investments in preferred stock reduces the after-tax cost of preferred stock.
1 t8 c5 g% h* w+ u: iB) The weights in the WACC should be based on the book values of the individual capital components.
a0 P, s2 r1 hC) The appropriate pre-tax cost of a firm’s new debt is the average coupon rate on the firm’s existing debt.8 W( ^& u/ M/ s+ t
D) Taxes reduce the cost of debt for firms in countries in which interest payments are tax deductible.% A1 Z. n% Z8 u) o+ R
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答案和详解如下：, C! @; X; B) S4 A5 k
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发表于 2015-7-19 10:00:04
