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NEW QUESTION: 1
Storage Expiry is enabled.
How can messages from a single mailbox archive be prevented from deletion?
A. clear the "Delete expired items from this archive automatically" check box in the archive properties
B. mark the "Lock this category" check box in the Retention Category properties and restart the storage server
C. create and apply an EVPM initialization file with "NONDeletable=True" against the mailbox
D. use the Tools > Disable Mailboxes option
Answer: A
NEW QUESTION: 2
A. 0
B. 1
C. 2
D. 3
Answer: C
NEW QUESTION: 3
A. 0
B. 1
C. An error
D. 2
Answer: B
Explanation:
Explanation: * Alert(x) is within the scope of the outermost assignment, x=0.
* Local variables have local scope: They can only be accessed within the function.
Example
// code here can not use carName
function myFunction() {
var carName = "Volvo";
// code here can use carName
}
* A variable declared outside a function, becomes GLOBAL.
A global variable has global scope: All scripts and functions on a web page can access it.
Example
var carName = " Volvo";
// code here can use carName
function myFunction() {
// code here can usecarName
}
* The alert() method displays an alert box with a specified message and an OK button.
An alert box is often used if you want to make sure information comes through to the user.
Reference: JavaScript Scope
NEW QUESTION: 4
Taylor Technologies has a target capital structure, which is 40 percent debt and 60 percent equity. The equity will be financed with retained earnings. The company's bonds have a yield to maturity of 10 percent.
The company's stock has a beta = 1.1. The risk-free rate is 6 percent, the market risk premium is 5 percent, and the tax rate is 30 percent. The company is considering a project with the following cash flows:
TimeCash flow ($)
0-50,000
135,000
243,000
360,000
4-40,000
What is the project's modified internal rate of return (MIRR)?
A. 6.76%
B. 10.78%
C. 20.52%
D. 9.26%
E. 16.14%
Answer: C
Explanation:
Explanation/Reference:
Explanation:
First, find the company's weighted average cost of capital:
We're given the before-tax cost of debt, k(d) = 10%. We can find the cost of equity as follows:
K(s) = 0.06 + 0.05(1.1) = 0.115 or 11.5%.
Thus, the WACC is:
k = 0.4(0.10)(1 - 0.3) + 0.6(0.115) = 0.097 or 9.7%.
Second, the PV of all cash outflows can be calculated as follows:
PV of CF(4): N = 4, I = 9.7, PMT = 0, FV = 40,000 and solve for PV. Total PV(Costs) = -$50,000 -
$27,620.62 = -$77,620.62.
Third, find the terminal value of the project at t = 4:
FV of CF(1) at t = 4 is calculated as follows: N = 3, I = 9.7, PV = -35,000, PMT = 0, and solve for FV
$46,204,89. Similarly, the FVs of CF(2) and CF(3) are found to be $51,746.59 and $65,820, respectively.
Summing these FVs gives a terminal value of $46,204.89 + $51,746.59 + $65,820.00 = $163,771.48.
Finally, the MIRR can be calculated as N = 4, PV = -77,620.62, PMT = 0, FV = 163,771.48, and solve for I
= MIRR = 20.52%.
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