Factors a risk manager must consider in selecting an insurer include which of the following? I. The availability of risk management services II. The financial strength of the insurer
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: C
Business
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The type of validity that provides test results for each cultural subgroup as a means of predicting job success for the members of the subgroup is
A. Differential validity. B. Construct validity. C. Criterion-related validity. D. Content validity.
Business
Assume JUP has debt with a book value of $20 million, trading at 120% of par value. The bonds have a yield to maturity of 7%. The firm's book value of equity is $16 million, and it has 2 million shares trading at $19 per share
The firm's cost of equity is 12%. What is JUP's WACC if the firm's marginal tax rate is 35%? A) 10.03% B) 9.12% C) 9.57% D) 7.29%
Business