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NEW QUESTION: 1
Williams, Inc. is interested in measuring its overall cost of capital and has gathered the following data.
Under the terms described below, the company can sell unlimited amounts of all instruments.
. Williams can raise cash by selling $1,000, 8 percent, 20-year bonds with annual interest payments.
In selling the issue, an average premium of $30 per bond would be received, and the firm must pay
floatation costs of $30 per bond. The after-tax cost of funds is estimated to be 4.8 percent.
. Williams can sell 8 percent preferred stock at par value, $105 per share. The cost of issuing and selling
the preferred stock is expected to be $5 per share.
. Williams' common stock is currently selling for $100 per share. The firm expects to pay cash dividends of
$ 7 per share next year, and the dividends are expected to remain constant. The stock will have to be
underpriced by $3 per share, and floatation costs are expected to amount to $5 per share.
. Williams expects to have available $100,000 of retained earnings in the coming year; once these
retained earnings are exhausted, the firm will use new common stock as the form of common stock equity
financing.
. Williams' preferred capital structure is:
Long-term debt 30%
Preferred stock 20
Common stock 50
The cost of funds from retained earnings for Williams, Inc. is:
A. 7.4 percent.
B. 7.8 percent.
C. 7.0 percent.
D. 8.1 percent.
Answer: C
Explanation:
Choice "a" is correct. 7.0 percent cost of funds from retained earnings.
The cost of retained earnings is equal to the rate of return required by the firm's common shareholders (or,
in effect, the return "lost" by them when the firm chooses to fund with retained earnings). While oftentimes
this rate is somewhat subjective, we are given the facts to exactly answer the question in this case. The
stock is currently selling for $100/share, and the dividend is given at $7/share.
$ 7 / $100 = 7%
Choices "b", "c", and "d" are incorrect, per the above Explanation:/calculation.
NEW QUESTION: 2
CORRECT TEXT
Fill in the missing word: A change set can be used to deploy metadata only between _____________orgs.
Answer:
Explanation:
Related
NEW QUESTION: 3
DRAG DROP
Answer:
Explanation:
Explanation:
References:
https://technet.microsoft.com/en-us/library/dn376490.aspx
NEW QUESTION: 4
A. Option A
B. Option B
C. Option D
D. Option C
Answer: B,D
Explanation:
Moderated Transport You can require all messages sent to specific recipients be approved by moderators by Using the moderated transport feature in Microsoft Exchange Server 2013.
You can configure any type of recipient as a moderated recipient, and Exchange will ensure that all messages sent to those recipients go through an approval process.
In any type of organization, you may need to restrict access to specific recipients. The most
common scenario is the need to control messages sent to large distribution groups.
Depending on your organization's requirements, you may also need to control the
messages sent to executive mailboxes or partner contacts. You can use moderated
recipients to accomplish these tasks.
Transport Rules
Using Transport rules, you can look for specific conditions in messages that pass through
your organization and take action on them.
Transport rules let you apply messaging policies to email messages, secure messages,
protect messaging systems, and prevent information leakage.
Many organizations today are required by law, regulatory requirements, or company
policies to apply messaging policies that limit the interaction between recipients and
senders, both inside and outside the organization. In addition to limiting interactions among
individuals, departmental groups inside the organization, and entities outside the
organization, some organizations are also subject to the following messaging policy
requirements:
Preventing inappropriate content from entering or leaving the organization
Filtering confidential organization information
Tracking or archiving copying messages that are sent to or received from specific
individuals
Redirecting inbound and outbound messages for inspection before delivery
Applying disclaimers to messages as they pass through the organization
As messages go through the Transport pipeline, the Transport rules agent is invoked. The
Transport rules agent is a special Transport agent that processes the Transport rules you
create.
The Transport rules agent scans the message, and if the message fits the conditions you
specify in a Transport rule, it takes the specified action on that message.
NOT A
This means that all email sent to Group2 will be moderated.
NOT D
Unknown option
B
When you configure a recipient for moderation, all messages sent to that recipient are
subject to approval by the designated moderators.
Allow the members of the distribution group named Group1 to bypass moderation.
Combination of this rule and option C allows for only User1 to be affected by the moderator
Admin1
Need to create a transport rule that identifies User1.
Moderated Transport: Exchange 2013 Help
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