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NEW QUESTION: 1
Given that the beginning value on a stock is $530, expected earnings are $50, the dividend payout ratio is
40%, and the required rate of return is 14%, what is the minimum expected ending value of the stock that makes it a profitable investment?
A. $611.20
B. $591.20
C. $584.20
D. $604.20
E. Not enough information
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Expected dividends equal 50 x 0.4 = $20. In order for a stock to be a good investment, its rate of return should be equal to or greater than the required rate of return. The minimum ending value that would make the stock investment in this question profitable is given by the equation (P2 + D) / P1 = 1 + k, where P2 is the ending value, P1 is the beginning value, D is the expected dividend, and k is the required rate return.
Rearranging this yield P2 = ((k + 1) x P1) - D In this question, the minimum ending value is (1.14 x 530) -
20 = $584.20.

NEW QUESTION: 2

A. apt-get refresh
B. apt-get update
C. apt-cache update
D. apt-get upgrade
E. apt-cache upgrade
Answer: B

NEW QUESTION: 3
Who is responsible for providing reports to the senior management on the effectiveness of the security controls?
A. Information systems auditors
B. Data owners
C. Data custodians
D. Information systems security professionals
Answer: A
Explanation:
IT auditors determine whether systems are in compliance with the security policies, procedures, standards, baselines, designs, architectures, management direction and other requirements" and "provide top company management with an independent view of the controls that have been designed and their effectiveness."
"Information systems security professionals" is incorrect. Security professionals develop the security policies and supporting baselines, etc.
"Data owners" is incorrect. Data owners have overall responsibility for information assets and assign the appropriate classification for the asset as well as ensure that the asset is protected with the proper controls.
"Data custodians" is incorrect. Data custodians care for an information asset on behalf of the data owner.
References:
CBK, pp. 38 - 42. AIO3. pp. 99 - 104

NEW QUESTION: 4
What should be done lo ensure that the product design meets the stated requirements?
A. Engage an experienced development team.
B. Use a traceability matrix.
C. Conduct multiple internal design reviews.
D. Review lessons learned results.
Answer: C