题目内容
（请给出正确答案）
A.$92·67
B.$108·90
C.$89·93
D.$103·14
简答题官方参考答案
（由简答题聘请的专业题库老师提供的解答）
更多“A company has 7% loan notes in issue which are redeemable in seven years’ time at a 5% pre”相关的问题
A、He was too busy.
B、He got a new offer.
C、His company has moved away.
D、His company has closed down.
A company has a budget for two products A and B as follows: Product A Product B Sales (units) 2,000 4,500 Production (units) 1,750 5,000 Labour: Skilled at $10/hour 2 hours/unit 2 hours/unit Unskilled at $ 7/hour 3 hours/unit 4 hours/unit What is the budgeted cost for unskilled labour for the period？
A、$105,000
B、$135,000
C、$176,750
D、$252,500
Your company has an Active Directory Domain Services (AD DS) domain. All servers run Windows Server 2008 R2. You activate the Key Management Service (KMS) on a server to handle volume activation for your Windows 7 clien t computers.Windows 7 client computers are not being activated. The KMS licensing status is shown as Licensed. The Windows Event Log does not contain any corresponding activation - related events.You need to ensure that the KMS server can activate Windows 7 client computers.What should you do？（）
A.Run the slmgr.vbs /dlv command.
B.Run the slmgr.vbs /ato command.
C.Add a DNS A record pointing to the KMS server.
D.Add a DNS SRV record pointing to the KMS server.
Fence Co plans to invest in a project which is different to its existing business operations and has identified a company in the same business area as the project, Hex Co. The equity beta of Hex Co is 1·2 and the company has an equity market value of $54 million. The market value of the debt of Hex Co is $12 million.
The risk-free rate of return is 4% per year and the average return on the stock market is 11% per year. Both companies pay corporation tax at a rate of 20% per year.
Required:
(a) Calculate the current weighted average cost of capital of Fence Co. (7 marks)
(b) Calculate a cost of equity which could be used in appraising the new project. (4 marks)
(c) Explain the difference between systematic and unsystematic risk in relation to portfolio theory and the capital asset pricing model. (6 marks)
(d) Discuss the differences between weak form, semi-strong form. and strong form. capital market efficiency, and discuss the significance of the efficient market hypothesis (EMH) for the financial manager. (8 marks)
Required:
(a) Evaluate the financial performance of JJG Co, and analyse and discuss the extent to which the company has achieved its stated corporate objectives of:
(i) maximising the wealth of its shareholders;
(ii) achieving continuous growth in earnings per share.
Note: up to 7 marks are available for financial analysis.(12 marks)
(b) If the new finance is raised via a rights issue at $7·50 per share and the major expansion of business has
not yet begun, calculate and comment on the effect of the rights issue on:
(i) the share price of JJG Co;
(ii) the earnings per share of the company; and
(iii) the debt/equity ratio. (6 marks)
(c) Analyse and discuss the relative merits of a rights issue, a placing and an issue of bonds as ways of raising the finance for the expansion. (7 marks)
P Company is very similar to N company in growth rate，risk and dividend payout rati0．It had 20 million shares outstanding and an earnings of$36 million for the year just ended．
The earnings will increase to$38．5 million the next year．
Requirement：
A．Calculate the expected rate of return on N company’S equity．
B．Calculate N Company’S current price—eaming ratio and prospective price-earning rati0．
C．Using N company’S current price-earning rati0，value P company’S stock price．
D．Using N company’S prospective price-earning rati0，value P company’S stock price．
A、$4,250 favourable
B、$4,250 adverse
C、$5,250 favourable
D、$5,250 adverse
A Sales Letter
Jilin Electric Appliances Import & Export Corp.
Changchun, China
March 7, 2006
Smith Trading Co.
New York
U.S.A.
Dear Sirs,
We appreciate very much your confidence in the range of our electric appliances.
There is an exceptionally high demand for electric heaters owing to the cold weather during the season. The brand you ordered is now out of stock. However, the manufacturer has promised us a further supply by the end of this month if you could wait until then, we would deliver promptly the goods you need.
For over fifty years, our company has manufactured electric products which have enjoyed increasing markets in many countries and has built a reputation for service and quality. We are committed to being the best appliance supplier in some areas. Under separate cover, we send you our latest sample book of similar electric items we have recently produced. As one of our regular customers, you will be allowed a special discount of 2.5% provided we could receive your order before March 20th.
We stand ready to serve you--and welcome your call.
Sincerely yours,
×××
1. What are they thankful for？
They are thankful for (56) in the range of their electric appliances.
2. What causes the running short of the electric heaters？
It is mainly (57) .
3. What is their company famous for？
It is famous for its (58) .
4. What does this company send to its customers recently？
The company sends (59) .
5. On what condition can their customer be offered a special discount of 2.5%？
The customers can be offered a special discount on the condition that the company can (60) before March 20th.
警告：系统检测到您的账号存在安全风险
为了保护您的账号安全，请在“简答题”公众号进行验证，点击“官网服务”-“账号验证”后输入验证码“”完成验证，验证成功后方可继续查看答案！
