题目 Morgan Insurance Ltd. issued a fixed-rate perpetual preferred stock three years ago and placed it privately with institutional investors. The stock was issued at $25 per share with a $1.75 [...]
题目 Which of the following stakeholders are least likely to be positively affected by increasing the proportion of debt in the capital structure? 选项 A.Senior management B.Non-management [...]
题目 A financial analyst at Buckco Ltd. wants to compute the company's weighted average cost of capital (WACC) using the dividend discount model. The analyst has gathered the following [...]
题目 Which of the following is not a reason why target capital structure and actual capital structure tend to differ? 选项 A.Financing is often tied to a specific investment. B.Companies raise [...]
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 [...]
