题目 The current weighted average cost of capital (WACC) for Van der Welde is 10%. The company announced a debt offering that raises the WACC to 13%. The most likely conclusion is that for Van der [...]
题目 The Gearing Company has an after-tax cost of debt capital of 4 percent, a cost of preferred stock of 8 percent, a cost of equity capital of 10 percent, and a weighted average cost of capital [...]
题目 An analyst is examining the cash conversion cycles and their components for three companies that she covers in the leisure products industry. She believes that changes in the investments in [...]
题目 Whichof the following is least likely tobe true with respect to optimal capital structure? 选项 A.The optimal capital structure minimizes WACC. B.The optimal capital structure is generally [...]
题目 Using the dividend discount model, what is the cost of equity capital for Zeller Mining if the company will pay a dividend of C$2.30 next year, has a payout ratio of 30 percent, a return on [...]
题目 Which of the following is most likely to occur as a company evolves from growth stage through maturity and seeks to optimize its capital structure? 选项 A.The company relies on equity to [...]
题目 The Bearing Corp. invests only in positive-NPV projects. Which of the following statements is true? 选项 A.Bearing’s return on invested capital (ROIC) is greater than its cost of capital [...]
题目 Which of the following statements regarding corporate shareholders is most accurate? 选项 A.Cross-shareholdings help promote corporate mergers. B.Dual-class structures are used to align [...]
题目 SebCoe plc, a British firm, is evaluating an investment in a £50 million project that will be financed with 50% debt and 50% equity. Management has already determined that the NPV of this [...]
题目 Which of the following is least accurate with respect to the market value and book value of a company’s equity? 选项 A.Market value is more relevant than book value when measuring a [...]