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NEW QUESTION: 1
Assume that all the assumptions of Modigliani and Miller hold. In particular, there are no taxes and transaction costs. A firm has a policy of paying out 5% of the stock price as dividends. However, an investor would like to receive a 7% dividend. For this, he should:
A. liquidate 7% of his stock holding after receiving the dividend.
B. liquidate 2% of his stock holding after receiving the dividend.
C. use the dividend to buy 2% of the stock after receiving the dividend.
D. none of these answers.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Suppose the investor is holding stocks worth $100. The company then pays $5 as dividends. When the dividend is paid out, the stock price falls to $95 (in the absence of tax effects, as assumed). To increase his income to $7, the investor must sell off stocks worth $2. This corresponds to 2/95 = 2.105% of the post dividend stock holding.

NEW QUESTION: 2
You are a Test Analyst for a company that provides incentives to its customers based on how much money they spend online shopping:
Category 1: $1 - $100 = 5%
Category 2: $100.01 - $500 = 7.5%
Category 3: Over $500 = 10%
The company recently discovered that their competitors were offering better incentives for the same amounts of money spent and now want to update their current incentive rate to match the competitor's.
Using the equivalence partitioning test design technique, which of the following is the correct set of test cases to achieve 100% coverage with the minimum number of test cases?
A. $0, $50, $150, $500
B. $0, $50, $150, $550, max amount + $50
C. $0, $1, $100, $500, $550
D. $50, $150
Answer: B

NEW QUESTION: 3

If Dr. Jones delivered 85 babies in 1999, how many rattles would represent this number?
A. 0
B. 7 ½
C. 8 ½
D. 6 ½
E. 1
Answer: C
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 4
Given the JavaBean class:
public class MyBean {
private Boolean roasted = false;
public MyBean () {}
public Boolean isRoasted () { returned roasted }
public void setRoasted (Boolean roasted) { this.roasted = roasted; ]
}
Assume a controller has created an instance of this bean, called setRoasted (true), and inserted the bean into the application scope using the name "myBean".
A JSP contains these two tags:
<jsp: useBean id = "aBean" class = "MyBean" scope = "page" \ />
<jsp: getProprty name = "aBean" property = "roasted" \ />
Which is true?
A. the page will include the output false
B. the page will include the output
C. the page will report that the syntax of the getProperty tag ls incorrect
D. the page will report that the syntax of the useBean tag is incorrect
E. the page will report that the property roasted does not exist
Answer: A
Explanation:
Explanation/Reference:
Reference: http://www.emacao.gov.mo/documents/18/06/exam.pdf (4th table from the top)