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NEW QUESTION: 1
A. {FIRST_NAME} $
B. $FIRST_NAME
C. $ {FIRST_NAME}
D. {FIRST_NAME}
Answer: C
NEW QUESTION: 2
Rollins Corporation is constructing its MCC schedule. Its target capital structure is 20 percent debt, 20 percent preferred stock, and 60 percent common equity. Its bonds have a 12 percent coupon, paid semiannually, a current maturity of 20 years, and sell for $1,000. The firm could sell, at par, $100 preferred stock, which pays a 12 percent annual dividend, but flotation costs of 5 percent would be incurred. Rollins' beta is 1.2, the risk-free rate is 10 percent, and the market risk premium is 5 percent. Rollins is a constant growth firm, which just paid a dividend of $2.00, sells for $27.00 per share, and has a growth rate of 8 percent. The firm's policy is to use a risk premium of 4 percentage points when using the bond-yield-plus- risk- premium method to find k(s) (component cost of retained earnings). The firm's net income is expected to be $1 million, and its dividend payout ratio is 40 percent. Flotation costs on new common stock total 10 percent, and the firm's marginal tax rate is 40 percent. What is the firm's cost of retained earnings using the DCF approach?
A. 16.6%
B. 16.9%
C. 13.6%
D. 14.1%
E. 16.0%
Answer: E
Explanation:
Explanation/Reference:
Explanation:
Cost of retained earnings (DCF approach): k(s) = $2.16/`$27.00 + 8% = 16.0%.
NEW QUESTION: 3
Note: this question is part of a series of questions that use the same or similar answer choices. An answer choice may be correct for more than one question in the series. Each question is independent of the other questions in the series. Information and details provided in a question apply only to that question.
You are developing an application to track customer sales.
You need to create a database object that meets the following requirements:
- Return a value of 0 if data inserted successfully into the Customers table.
- Return a value of 1 if data is not inserted successfully into the Customers table.
- Support logic that is written by using managed code.
What should you create?
A. scalar-valued function
B. DML trigger
C. user-defined procedure
D. table-valued function
E. DDL trigger
F. CLR procedure
G. extended procedure
Answer: F
Explanation:
Explanation/Reference:
Explanation:
DML triggers is a special type of stored procedure that automatically takes effect when a data manipulation language (DML) event takes place that affects the table or view defined in the trigger. DML events include INSERT, UPDATE, or DELETE statements.DML triggers can be used to enforce business rules and data integrity, query other tables, and include complex Transact-SQL statements.
A CLR trigger is a type of DDL trigger. A CLR Trigger can be either an AFTER or INSTEAD OF trigger. A CLR trigger canalso be a DDL trigger. Instead of executing a Transact-SQL stored procedure, a CLR trigger executes one or more methods written in managed code that are members of an assembly created in the .NET Framework and uploaded in SQL Server.
References:https://msdn.microsoft.com/en-us/library/ms178110.aspx