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NEW QUESTION: 1
An unlisted company is attempting to value its equity using the dividend valuation model.
Relevant information is as follows:
* A dividend of $500,000 has just been paid.
* Dividend growth of 8% is expected for the foreseeable future.
* Earnings growth of 6% is expected for the foreseeable future.
* The cost of equity of a proxy listed company is 15%.
* The risk premium required due to the company being unlisted is 3%.
The calculation that has been performed is as follows:
Equity value = $540,000 / (0.18 - 0.08) = $5,400,000
What is the fault with the calculation that has been performed?
A. The cost of equity used in the calculation should have been 12% (15% subtract 3%).
B. The dividend cashflow used should have been $500,000 rather than $540,000.
C. The dividend growth rate is unsuitable given that earning growth is lower than dividend growth.
D. The cost of equity used in the calculation should have been 15%; no adjustment was necessary.
Answer: C
NEW QUESTION: 2
変更管理を成功させるために必要な条件は次のうちどれですか？
1.意思決定および必要な措置が迅速に講じられます。
2.組織の伝統が尊重されます。
3.変更は改善または改革につながります。
4.内部および外部の通信が制御されます。
A. 1と2
B. 2と4
C. 1と3
D. 2と3
Answer: C
NEW QUESTION: 3
Click the Exhibit button.
In the exhibit, R2 and R3 are both rendezvous points. Assume that R2 fails. Which RP redundancy method could converge the multicast stream and RP as quickly as the IGP?
A. Auto-RP in combination with MSDP
B. Auto-RP without using MSDP
C. BSR without the use of MSDP
D. Anycast RP and MSDP
Answer: D
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