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NEW QUESTION: 1
Given the following estimated financial results, value the stock of Magic Holdings, Inc. using the infinite period dividend discount model (DDM).
Which of the following choices is closest to the value of Magic Holding Inc. stock? (Note: Carry calculations out to at least 3 decimals.)
A. $109.27.
B. $23.54.
C. Unable to calculate stock value because ke < g.
D. $44.64.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Here, we are given all the inputs we need. Use the following steps to calculate the value of the stock:
First, expand the infinite period DDM:
DDMformula: P0= D1/ (ke- g)
D1
= (Earnings * Payout ratio) / average number of shares outstanding
= ($200,000 * 0.625) / 50,000 = $2.50.
ke
= nominal risk free rate + [beta * (expected market return - nominal risk free rate)] Note: Nominal risk-free rate = (1 + real risk free rate) * (1 + expected inflation) - 1
=(1.035)*(1.040) - 1 = 0.0764, or 7.64%.
ke
= 7.64% + [1.8 * (13.0% - 7.64%)] = 0.17288.
g
= (retention rate * ROE)
Retention = (1 - Payout) = 1 - 0.625 = 0.375.
ROE = (net income/sales)*(sales/total assets)*(total assets/equity)
= (200,000/1,000,000)*(1,000,000/750,000)*(750,000/500,000) = 0.40
g
= 0.375 * 0.40 = 0.15.
Then, calculate:P0= D1/ (ke- g) = $2.50 / (0.17288 - 0.15) = 109.27.

NEW QUESTION: 2
クライアントは、小さなデータセットをパブリッククラウドに複製できるようにするためのバックアップソリューションを必要としています。この3次データのRPOは24時間以上である必要があります。
エンジニアは、これらの要件に基づいてクライアントにどのソリューションを推奨する必要がありますか？
A. クラウドコネクト
B. NearSync
C. 保護ドメイン
D. XIクラウドサービス
Answer: A

NEW QUESTION: 3
Über welchen der folgenden Ports soll eine SQL Server-Datenbank standardmäßig kommunizieren?
A. 0
B. 1
C. 2
D. 3
Answer: D
Explanation:
Explanation
References:
https://msdn.microsoft.com/en-us/library/ms177440%28v=sql.110%29.aspx

NEW QUESTION: 4
Ziehen Sie die AAA-Funktionen von links auf die richtigen AAA-Dienste rechts

Answer:
Explanation:

ExamCollection Engine Features