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NEW QUESTION: 1
The following information applies to a company's preferred stock:
Current price $105.00 per share
Par value $100.00 per share
Annual dividend $5.00 per share
The company issued the preferred stock at par and incurred a 10% floatation cost. If the company's marginal corporate tax rate is 40%, what is the after-tax cost of preferred stock?
A. 4.8%
B. 5.6%
C. 10.0%
D. 3.0%
E. 5.0%
F. 2.9%
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The cost of preferred stock is calculated as the preferred stock dividend divided by the net issuing price.
The dividend for this preferred stock is $5.00, and the net issuing price was $90.00. Thus the cost of preferred stock is 5 divided by 90 or 5.6%. There are no tax savings associated with the use of preferred stock, therefore no tax adjustments are made when calculating the cost.

NEW QUESTION: 2
Which items are required for Symantec eDiscovery Platform 8.0 to discover an Enterprise Vault.cloud (EV.cloud) site?
A. Enterprise Vault.cloud server FQDN and Read permissions
B. Enterprise Vault admin archive name and Read/Write permissions
C. site URL and administrator user credentials
D. Directory Server host name and the admin ID file name
Answer: C

NEW QUESTION: 3
An administrator is setting up the XenServer hosts in an environment to boot from SAN.
In which BIOS would the administrator go to enable XenServer to boot from SAN?
A. Array controller
B. Network interface card
C. Host
D. Primary host bus adapter
Answer: D