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NEW QUESTION: 1
During a project's initiation, project manager A realizes that the project is dependent on and linked to other projects Project manager A attempts to change the plans of these other projects. The other project managers feel that project manager A has overstepped boundaries.
Which document does project manager A need to revisit?
A. Statement of work (SOW)
B. Organizational process assets
C. Project charter
D. Scope management plan
Answer: C
NEW QUESTION: 2
Fill in the blank: The R80 feature ________ permits blocking specific IP addresses for a specified time period.
A. Block Port Overflow
B. Adaptive Threat Prevention
C. Suspicious Activity Monitoring
D. Local Interface Spoofing
Answer: C
Explanation:
Suspicious Activity Rules Solution
Suspicious Activity Rules is a utility integrated into SmartView Monitor that is used to modify access privileges upon detection of any suspicious network activity (for example, several attempts to gain unauthorized access).
The detection of suspicious activity is based on the creation of Suspicious Activity rules. Suspicious Activity rules are Firewall rules that enable the system administrator to instantly block suspicious connections that are not restricted by the currently enforced security policy. These rules, once set (usually with an expiration date), can be applied immediately without the need to perform an Install Policy operation
NEW QUESTION: 3
The management of Clay Industries have adhered to the following capital structure: 50% debt, 35% common equity, and 15% perpetual preferred equity. The following information applies to the firm:
Before-tax cost of debt, i.e. yield to maturity of the outstanding senior long-term debt = 9.5% Combined State/Federal tax rate = 35% Cost of common equity = 14.45%
Annual preferred dividend = $2.75
Preferred stock net offering price = $28.50
Given this information, what is the Weighted Average Cost of Capital for Clay Industries?
A. The WACC for Clay Industries cannot be calculated from the information given.
B. 8.67%
C. 6.52%
D. 11.27%
E. 9.60%
F. 10.45%
Answer: E
Explanation:
Explanation/Reference:
Explanation:
The calculation of the Weighted Average Cost of Capital is as follows: {fraction of debt * [yield to maturity of outstanding long-term debt][1-combined state/federal income tax rate]} + {fraction of preferred stock *
[annual dividend/net offering price]} + {fraction of common stock * cost of equity}. The cost of common equity can be calculated using three methods, the Capital Asset Pricing Model (CAPM), the Dividend- Yield-plus-Growth-Rate (or Discounted Cash Flow) approach, and the Bond- Yield-plus-Risk-Premium approach. In this example, the cost of equity is given, so none of the three approaches is necessary.
However, the cost of debt and preferred stock must be calculated. The cost of debt is found by multiplying the before tax cost of debt (9.5%) by (1-tax rate). Incorporating the given figures into this equation will yield a cost of debt at 6.175%. Determining the cost of perpetual preferred stock is relatively straightforward, simply divide the annual preferred dividend ($2.75) by the net price of preferred stock ($28.50), which yields a cost of preferred stock of 9.65%. These figures can now be incorporated into the WACC equation, which is provided below: {[50% debt * 9.5% * (1- 35%)] + [15% * ($2.75/$28.50)] + [35% * 14.45%]}
9.60%