24周年

财税实务 高薪就业 学历教育
APP下载
APP下载新用户扫码下载
立享专属优惠

安卓版本:8.7.30 苹果版本:8.7.30

开发者:北京正保会计科技有限公司

应用涉及权限:查看权限>

APP隐私政策:查看政策>

HD版本上线:点击下载>

"Corporate Finance":Corporate governance practices

来源: 正保会计网校 编辑:小鞠橘桔 2020/12/07 11:17:03 字体:

学习是一个不断积累的过程,每天学习一点,每天进步一点!为了帮助大家更高效地备考2021年CFA考试,正保会计网校每日为大家上新CFA习题供大家练习。让网校与您一起高效备考2021年CFA考试,梦想成真!

Questions 1:

Based on good corporate governance practices, independent board members most likely:

A、 are pre-approved by management before being nominated.

B 、have a “lead” director when the board chair is not independent.

C 、hold large equity positions but have never worked at the company

Questions 2:

Given the following information about a firm:

● debt-to-equity ratio (D/E) of 50%

● tax rate of 40%

● cost of debt of 8%

● cost of equity of 13%

the firm’s weighted average cost of capital (WACC) is closest to:

A 、8.9%.

B 、7.5%.

C、 10.3%.

View answer resolution
【Answer to question 1】B

【analysis】

B is correct. Under good corporate governance practices, independent board members should have a “lead” director when the board chair is not independent. 

A is incorrect. The Nomination Committee identifies qualified candidates for director positions, not management. 

C is incorrect. Board members with a large stake in the company are not independent because they have a material ownership relationship with it.

【Answer to question 2】C

【analysis】

C is correct. Convert D/E to the weight for debt:

Corporate Finance:Corporate governance practices

A is incorrect because it uses a 50% weight for debt and equity.

 B is incorrect because it uses (2/3) for the weight of debt and (1/3) for the weight of equity.

成功=时间+方法,自制力是这个等式的保障。世上无天才,高手都是来自刻苦的练习。而人们经常只看到“牛人”闪耀的成绩,其成绩背后无比寂寞的勤奋。小编相信,每天都在勤奋练习,即使是一点点的进步,大家一定可以成为人人称赞的“牛人”。

点击了解更多CFA考试资讯>>


免费试听

特许金融分析师限时免费资料

  • CFA报考指南

    CFA报考指南

  • CFA考试大纲

    CFA考试大纲

  • CFA历年

    CFA历年

  • CFA学习计划

    CFA学习计划

  • CFA思维导图

    CFA思维导图

  • CFA备考建议

    CFA备考建议

回到顶部
折叠
网站地图

Copyright © 2000 - www.chinaacc.com All Rights Reserved. 北京正保会计科技有限公司 版权所有

京B2-20200959 京ICP备20012371号-7 出版物经营许可证 京公网安备 11010802044457号

报考小助理

备考问题
扫码问老师