Which of the following benefits was previously offered on a discretionary basis, but, is now mandatory?

Contingency money is:

A) Not formally in the project budget, but held in a separate company account for all projects. B) Added to the project's budget following the identification of all project costs. C) The first line item in any project budget at an amount dictated by company policy. D) Not in the project's budget, but calculated and set aside once the project budget is completed.

Which of the following formulas is appropriate to find the value of preferred stock with a fixed dividend?

A) Value of preferred stock = Annual Preferred Stock Dividend (1 + growth rate)/Market's Required Yield on Preferred Stock B) Value of preferred stock = Annual Preferred Stock Dividend (1 + growth rate)/Market's Required Yield on Preferred Stock - growth rate C) Value of preferred stock = Annual Preferred Stock Dividend/Market's Required Yield on Preferred Stock D) Value of preferred stock = Annual Preferred Stock Dividend/Investor's Required Yield on Preferred Stock