[单选题]
The shares of Fargo Co are selling for $85. The dividend after one year is expected to be$4.25 and is expected to then grow at a rate of 7%. The corporate tax rate is 30%.What is the firm’s cost of equity?
A .5.0%
B .8.4%
C .12.0%
D .12.35%
参考答案(由小熊题库网聘请的专业题库老师提供的解答)
请点击↑↑↑ 查看官方参考答案 按钮
习题解析
请点击 查看官方参考答案 按钮
您可能感兴趣的题目
1 .Davis wants to buy shares of Epoch Co.If Davis uses a zero growth model, a required rate of return of 20% and an annualdividend of $10, what is Epoch’s share price?
A $2 B $20 C $50 D $100
题型:
单选题
提问时间:
2021-08-23
2 .If Brewer Co’s bonds have a yield to maturity (gross redemption yield) of 8%, whywould the company’s cost of debt be lower?
A Market interest rates have increased B Additional debt can be issued more cheaply that the original debt C Interest is deductible for tax purposes D There is a mixture of old and new debt
题型:
单选题
提问时间:
2021-08-23
3 .Which capital structure theory suggests that the weighted average cost of capital(WACC) will initially decrease, reach a minimum and then increase?
A Pecking order theory B The traditional trade-off view C Modigliani and Miller without tax D Modigliani and Miller with tax
题型:
单选题
提问时间:
2021-08-23
4 .Which one of a firm’s sources of new capital usually has the lowest after-tax cost?
A Retained earnings B Bonds C Preference shares D Ordinary shares
题型:
单选题
提问时间:
2021-08-23
5 .The capital structure of a firm includes bonds with a coupon rate of 12% and a yield tomaturity (gross redemption yield) of 14%. The corporate tax rate is 30%.What is the firm’s net cost of debt?
A 8.4% B 9.8% C 12.0% D 14.0%
题型:
单选题
提问时间:
2021-08-23
7 .A firm distributes 80% of its earnings. The return on its projects is 15%. the firm’s market capitalisation is USD1.5 million and most recent net income is USD125,000.What is the firm’s cost of equity?
A 9.6% B 9.9% C 18.7% D 19.5%
题型:
单选题
提问时间:
2021-08-23
8 .gross redemption yield (yield to maturity) of 12% on bonds of this class of risk.If the corporation tax rate is 35% what is the cost of the bonds to the company?
A 7.80% B 9.00% C 9.75% D 11.25%
题型:
单选题
提问时间:
2021-08-23
9 .The following data relate to an unquoted company:Dividend (just paid) USD180,000Payout ratio 40%Return on investments 15%Cost of equity 20%What is the theoretical market value of equity (to the nearest USD000)?
A USD900,000 B USD1,363,000 C USD1,636,000 D USD1,784,000
题型:
单选题
提问时间:
2021-08-23
10 .下列有关所得税列报的说法，正确的是（ ）。
A 应交所得税费用应在利润表中单独列示 B 递延所得税资产一般应作为流动资产在资产负债表中列示 C 一般情况下，在合并财务报表中，纳入合并范围的企业，一方的当期所得税资产或递延所得税资产与另一方的当期所得税负债...
题型:
单选题
提问时间:
2021-08-23
