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提问人:网友crododile 发布时间:2022-01-07
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The two doctors might support which of the following statements?A.Left-handers stand a bet

The two doctors might support which of the following statements?

A.Left-handers stand a better chance of winning than right-handers in violence.

B.Left-handers are more likely to commit crimes than the right-handers.

C.Left-handers are directly responsible for the violence in traditional societies.

D.There is no evidence that left-handers are more violent than right-handers.

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更多“The two doctors might support which of the following statements?A.Left-handers stand a bet”相关的问题
第1题
Which of the following statements is true about small businesses in the U.S. according to the talk?
A.There are 6 millions small businesses in the U.S.in 2007.

B.Their economic output is greater than that of Germany and France combineD

C.The number of small businesses is greater than that in the UK.

D.Small businesses represent over 90% of all businesses in the U.S.

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第2题
8. Which of the following statements is FALSE?

A、For capital budgeting purposes, the project’s financing is the incremental financing that results if the firm takes on the project.

B、Projects with safer cash flows can support more debt before they increase the risk of financial distress for the firm.

C、If the positive free cash flow from a project will increase the firm's cash holdings, then this growth in cash is equivalent to a reduction in the firm’s leverage.

D、The incremental financing of a project corresponds directly to the financing that is directly tied to the project.

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第3题
A(n) ________ is the most common way that firms repurchase shares.

A、targeted repurchase

B、Dutch auction share repurchase

C、tender offer

D、open market share repurchases

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第4题
Assume that Omicron uses the entire $50 million in excess cash to pay a special dividend. The amount of the regular yearly dividends in the future is closest to:

A、$4.50

B、$5.00

C、$4.00

D、$9.00

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第5题
10. Which of the following statements is FALSE?

A、When we relax the assumption of a constant debt-equity ratio, the FTE method is relatively straightforward to use and is therefore the preferred method with alternative leverage policies.

B、When debt levels are set according to a fixed schedule, we can discount the predetermined interest tax shields using the debt cost of capital, rD.

C、With a constant interest coverage policy, the value of the interest tax shield is proportional to the project's unlevered value.

D、When the firm keeps its interest payments to a target fraction of its FCF, we say it has a constant interest coverage ratio.

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第6题
Which of the following statements is FALSE?

A、When a firm pays a dividend, shareholders are taxed according to the dividend tax rate. If the firm repurchases shares instead, and shareholders sell shares to create a homemade dividend, the homemade dividend will be taxed according to the capital gains tax rate.

B、When the tax rate on dividends exceeds the tax rate on capital gains, shareholders will pay lower taxes if a firm uses share repurchases for all payouts rather than dividends.

C、Firms that use dividends will have to pay a lower after-tax return to offer their investors the same pre-tax return as firms that use share repurchases.

D、The optimal dividend policy when the dividend tax rate exceeds the capital gain tax rate is to pay no dividends at all.

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第7题
Which of the following statements is FALSE?

A、Tax rates vary by income, by jurisdiction, and by whether the stock is held in a retirement account. Because of these differences, firms may attract different groups of investors depending on their dividend policy.

B、While many investors have a tax preference for share repurchases rather than dividends, the strength of that preference depends on the difference between the dividend tax rate and the capital gains tax rate that they face.

C、Long-term investors are more heavily taxed on capital gains, so they would prefer dividend payments to share repurchases.

D、One-year investors, pension funds, and other non-taxed investors have no tax preference for share repurchases over dividends, they would prefer a payout policy that most closely matches their cash needs.

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第8题
Which of the following statements is FALSE?

A、In perfect capital markets, buying and selling securities is a zero-NPV transaction, so it should not affect firm value.

B、Making positive-NPV investments will create value for the firm’s investors, whereas saving the cash or paying it out will not.

C、In perfect capital markets, if a firm invests excess cash flows in financial securities, the firm’s choice of payout versus retention is irrelevant and does not affect the initial share price.

D、After adjusting for investor taxes, there remains a substantial tax advantage for the firm to retain excess cash.

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第9题
Which of the following questions is FALSE?

A、Sometimes management may believe that the securities they are issuing are priced at less than (or more than) their true value. If so, the NPV of the transaction, which is the difference between the actual money raised and the true value of the securities sold, should not be included in the value of the project.

B、An alternative method of incorporating financial distress and agency costs is to first value the project ignoring these costs, and then value the incremental cash flows associated with financial distress and agency problems separately.

C、When the debt level—and, therefore, the probability of financial distress—is high, the expected free cash flow will be reduced by the expected costs associated with financial distress and agency problems.

D、If the financing of the project involves an equity issue, and if management believes that the equity will sell at a price that is less than its true value, this mispricing is a cost of the project for the existing shareholders.

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