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[CFA level 1模拟真题]Version 4 Questions-Q38

Q38

After-tax component costs:

 

Long-term debt

6%

Preferred stock

10%

Retained earnings

15%

Net present values of four independent projects:

 

Warehouse project

$426

Equipment project

$378

Product line project

$0

Inventory system project

-$185

If no significant size or timing differences exist among the projects and the projects all have the same risk as the company, the project with an internal ate of return closest to 10 percent is the:

A.      warehouse project

B.      equipment project

C.      Product line project

D.     Inventory system project

 

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kan

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 a

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thanks

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 c

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a

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see

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c

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c

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