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NEW QUESTION: 1
A firm's capital structure has a debt-to-equity ratio of 1.2. The pretax cost of debt is 6.8% and the weighted average cost of capital of the firm equals 9.8%. The risk-free rate in the economy is 6.2% the expected rate of return on the market is 14%. The firm must pay 35% of its gross income in taxes. The beta of the stock equals ________.
A. 1.64
B. 0.91
C. 1.02
D. 1.3
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Since the debt interest is tax deductible, the after-tax cost of debt equals 6.8%*(1-0.35) = 4.42%. Since the D/E ratio = 1.2, (D+E)/E = 2.2, giving E/(D+E) = 0.455. Thus, equity forms 45.5% of the capital whiledebt forms 54.5%. The WACC is then equal to 0.455*RE + 0.545*4.42% = 9.8% (given). Solving gives RE
16.24%. If B is the beta of the stock, then using CAPM, 16.24% = 6.2% + B*(14% - 6.2%), giving B = 1.29.
NEW QUESTION: 2
Azure Stream Analyticsサービス内に複雑なステートフルビジネスロジックを実装する必要があります。
Stream Analyticsトポロジーではどのタイプの関数を作成する必要がありますか？
A. Azure Machine Learning
B. JavaScriptユーザー定義関数（UDF）
C. JavaScriptユーザー定義集計（UDA）
Answer: C
Explanation:
Azure Stream Analytics supports user-defined aggregates (UDA) written in JavaScript, it enables you to implement complex stateful business logic. Within UDA you have full control of the state data structure, state accumulation, state decumulation, and aggregate result computation.
References:
https://docs.microsoft.com/en-us/azure/stream-analytics/stream-analytics-javascript-user-defined-aggregates
NEW QUESTION: 3
Identify the best description of the recommended use of shared storage in a high-availability (HA) implementation of Oracle SOA Suite?
A. To allow access to the default user store on the file system for all domain cluster members
B. To allow access to a shared JTA log
C. Shared storage is not recommended for Oracle SOA Suite.
D. To allow access to a common installation home for all domain cluster members
Answer: D
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