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    NEW QUESTION: 1
    Rollins Corporation is constructing its MCC schedule. Its target capital structure is 20 percent debt, 20 percent preferred stock, and 60 percent common equity. Its bonds have a 12 percent coupon, paid semiannually, a current maturity of 20 years, and sell for $1,000. The firm could sell, at par, $100 preferred stock, which pays a 12 percent annual dividend, but flotation costs of 5 percent would be incurred. Rollins' beta is 1.2, the risk-free rate is 10 percent, and the market risk premium is 5 percent. Rollins is a constant growth firm, which just paid a dividend of $2.00, sells for $27.00 per share, and has a growth rate of 8 percent. The firm's policy is to use a risk premium of 4 percentage points when using the bond-yield-plus- risk-premium method to find k(s) (component cost of retained earnings). The firm's net income is expected to be $1 million, and its dividend payout ratio is 40 percent. Flotation costs on new common stock total 10 percent, and the firm's marginal tax rate is 40 percent. What is Rollins' cost of preferred stock?
    A. 12.6%
    B. 11.0%
    C. 10.0%
    D. 12.0%
    E. 13.2%
    Answer: A
    Explanation:
    Explanation/Reference:
    Explanation:
    K(ps) (cost of preferred stock) = $12/$100 (0.95) = 12.6%.

    NEW QUESTION: 2

    105 data WORK.JANUARY;
    106 set WORK.ALLYEAR(keep=Product Month Quantity Cost);
    107 if Month='JAN' then output WORK.JANUARY;
    108 Sales=Cost * Quantity;
    109 drop=Month Quantity Cost;
    -----
    22
    ERROR 22-322: Syntax error, expecting one of the following: !,
    !!, , *, **, +, -,
    , <=, <>, =, >, >=,
    AND, EQ, GE, GT, IN, LE, LT, MAX, MIN, NE, NG, NL,
    NOTIN, OR,

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    Pre-requisites

    To obtain your certification, you must have a minimum of five years of full-time professional work experience in two or more of the 8 domains of the – (Oracle Account Reconciliation 2023 Implementation Professional)² CBK 2018. A qualified individual with less than five years of experience will receive the (Oracle Account Reconciliation 2023 Implementation Professional)² associate title.
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    • Dean Pompilio

      Dean Pompilio

      Technical Trainer, Owner- Steppingstonesolutions Inc

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      =, |, ||, ~=.
      110 run;

      A. (drop Month Quantity Cost)
      B. (drop Month, Quantity, Cost)
      C. (drop=Month Quantity Cost)
      D. (drop=Month, Quantity, Cost)
      Answer: C

      NEW QUESTION: 3
      A z Systems Sales Specialist is preparing a proposal for a z196 customer for a potential system upgrade. They need to propose a z13 with 20% growth to the existing capacity.
      How can the seller best determine the right model for the customer?
      A. Discuss with the customer to find out their preferred model.
      B. Use Sales Plays to find correct model.
      C. Perform capacity planning on the current machine.
      D. Refer to the MIPS table to find the matching model.
      Answer: C

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