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NEW QUESTION: 1
A firm has to pay 1.5% fee to underwriters when it issues new equity. The firm has a dividend payout ratio of 37% and a return on equity of 13.9%. The firm has just announced earnings of $3.27 per share. If the stock's cost of external equity is 14.9%, how much capital would the firm raise by issuing 6 million shares?
A. $98.33 million
B. $130.55 million
C. none of these answers
D. $111.12 million
Answer: B
Explanation:
Explanation/Reference:
Explanation:
IF F is the percentage flotation cost and P is the amount of new equity raised per new share, then P = D1/[(Ke - g)(1-F)], where Ke is the cost of external equity and D1 is next year's expected dividend.
Also, g = ROE*retention ratio = ROE*(1-payout ratio) = 13.9%*(1-37%) = 8.76%. D1 = 3.27*0.37*(1
+8.76%) = $1.316. Therefore, P = 1.316/[(1-1.5%)*(14.9% - 8.76%) = $21.76. By issuing 6 million shares, the firm will therefore raise 6*21.74 = $130.55 million.

NEW QUESTION: 2
会社がリソース集約的なレポートジョブを実行するAmazon RDSにアプリケーションデータベースを持っているこれにより、データベースを使用する他のアプリケーションの実行速度が低下しますこの問題を解決するには、SysOps管理者が何をすべきですか？
A. Amazon RDSでマルチAZモードを有効にする
B. Amazon RDSバックアップを作成します
C. Amazon RDSリードレプリカを作成してレポートを実行します
D. Amazon RDS自動ホスト置換を使用します
Answer: C

NEW QUESTION: 3
You plan to deploy a SharePoint Server 2013 server farm.
The farm will contain several site collections that use the Team Site template. The site collections will use navigation that is defined in a TermSet.
You need to identify which features must be activated to ensure that the site collections can use the planned navigation.
Which features should you identify?
A. SharePoint Server Publishing Infrastructure and SharePoint Server Publishing
B. Metadata and Navigation Filtering and SharePoint Server Publishing Infrastructure
C. Metadata and Navigation Filtering and SharePoint Server Enterprise Site
D. SharePoint Server Publishing and Content Organizer
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Before you enable managed navigation, make sure that:
You enable the SharePoint Server Publishing Infrastructure feature on the site collection level.
You create a term setto specify your site navigation.
You're a member of the Owners SharePoint group.
Reference:https://support.office.com/en-us/article/Enable-managed-navigation-for-a-site-in-SharePoint-
49a067dc-77d2-455d-9e77-250ec7cc0a6d
I have found that SharePoint Server Publishing Infrastructure controls this feature and that the other features mentioned do not control muchJenny (13.06.2013):
of the functionality regarding the question as this feature does. I will say D is the correct I suppose although you do not need Publishing on at the site level for a team site nor for termsets to be active.