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NEW QUESTION: 1
Which two aspects of Cisco solutions save customers money? (Choose two.)
A. Lowest-cost solutions
B. Fewer resources to manage
C. Faster integration
D. 100 percent effectiveness
E. Incentives programs
F. Complete replacement of current infrastructure
Answer: B,C
NEW QUESTION: 2
A firm's capital structure consists of 25% debt with a pre-tax cost of 7% and an after-tax cost of 4.9%.
Common equity makes up 45% of the structure and the rest is made up of preferred equity. Thepreferred stock has a coupon of 8% and is currently trading at 84% of its par value. The required rate of return on the common stock is 16.2%. The firm's WACC is ________.
A. 11.37%
B. 11.5%
C. 10.92%
D. 11.90%
Answer: A
Explanation:
Explanation/Reference:
Explanation:
To get the WACC in this case, you need to have information on the cost of preferred stock. This is not necessarily equal to the coupon rate on the preferred equity. Rather, it is the discount rate, R, that equates the present value of the perpetual payments on the preferred equity to its current price. The price of a perpetuity that pays C per year, at a discount rate of R, equals C/R. In this problem, since the preferred stock is at 84% and pays 8% coupon, we have 84% = 8%/R, giving R = 9.52%. Now, the interest payments on debt are tax-deductible but those on preferred equity are not. Hence, no tax adjustment is necessary for preferred stock but you must use after-tax cost of debt in WACC calculations. With this in mind, WACC
0.25*4.9% + 0.45*16.2% + 0.3*9.52% = 11.37%.
NEW QUESTION: 3
Why would a custom role be created in System Manager (SMGR)?
A. to assign specific SMGR login credentials to specific POS applications
B. to assign specific SMGR login credentials to specific administrators
C. to assign specific SMGR privileges to specific administrators
D. to assign specific SMGR privileges to specific POS applications
Answer: A
NEW QUESTION: 4
キャプティブポータルポリシーを検証するために使用できるコマンドはどれですか？
A. debug cp-policy <criteria>
B. eval captive-portal policy <criteria>
C. test cp-policy-match <criteria>
D. request cp-policy-eval <criteria>
Answer: C
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