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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. 2.9%
D. 5.0%
E. 3.0%
F. 10.0%
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 fields are mandatory TLVs in a LLDP PDU frame?
A. Port Description, System Name, and System Description
B. IP Address, Default Gateway, and DNS
C. Chassis ID, Port ID, and Time-to-Live
D. System Capabilities and Management Address
Answer: C
Explanation:
Reference:
https://en.wikipedia.org/wiki/Link_Layer_Discovery_Protocol#:~:text=Each%20LLDP%20frame% 20starts%20with,and%20length%20fields%20are%200
NEW QUESTION: 3
A technician wants to isolate storage from other network traffic. Which of the following MUST the technician implement to ensure storage traffic is securely segregated?
A. NTFS
B. VMFS
C. VLAN
D. PAT
Answer: C