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NEW QUESTION: 1
Given the table shown below:
COURSES
ID CODE NAME
1 ECE100 Operating Systems
2 ECE101 Programming Languages
User USER1 executes the following statements:
DECLARE GLOBAL TEMPORARY TABLE tempcourses
LIKE db2user.courses
ON COMMIT PRESERVE ROWS;
INSERT INTO session.tempcourses SELECT * FROM db2user.courses;
INSERT INTO session.tempcourses VALUES (3, 'ECE102', 'Databases');
SELECT max(ID) FROM db2user.courses;
User USER2 executes the following statements:
DECLARE GLOBAL TEMPORARY TABLE tempcourses
LIKE db2user.courses;
ON COMMIT PRESERVE ROWS;
INSERT INTO session.tempcourses SELECT * FROM db2user.courses;
INSERT INTO session.tempcourses VALUES (4, 'ECE103', 'Algorithms');
SELECT max(ID) FROM session.tempcourses;
Which results do USER1 and USER2 obtain?
A. User USER1 obtains no value; User USER2 obtains no value
B. User USER1 obtains the value 2; User USER2 obtains the value 2
C. User USER1 obtains the value 3; User USER2 obtains the value 4
D. User USER1 obtains the value 2; User USER2 obtains the value 3
E. User USER1 obtains the value 2; User USER2 obtains the value 4
Answer: E
NEW QUESTION: 2
Returns on the market and Takeda Company's stock during the last 3 years are shown below:
YearMarketTakeda
1995-12%-14%
19962331
19971610
The risk-free rate is 7 percent, and the required return on the market is 12 percent. Takeda is considering a project whose market beta was found by adding 0.2 to the company's overall corporate beta. Takeda finances only with equity, all of which comes from retained earnings. The project has a cost of $100 million, and it is expected to provide cash flows of $20 million per year at the end of Years 1 through 5 and then
$30 million per year at the end of Years 6 through 10. What is the project's NPV (in millions of dollars)?
A. $22.55
B. $28.12
C. $23.11
D. $20.89
E. $25.76
Answer: C
Explanation:
Explanation/Reference:
Explanation:
1. Run a regression to find the corporate beta. It is 1.1633.
2. Find the project's estimated beta by adding 0.2 to the corporate beta. The project beta is thus 1.3633.
3. Find the company's cost of equity, which is its WACC because it uses no debt: k(s) = WACC = 7% + (12% - 7%)1.3633 = 13.8165%.
4. Now find NPV (in millions):
CF(0) = -100
CF(1-5) = 20
CF(6-10) = 30
I = 13.82 Solve for NPV = $23.11 million.
NEW QUESTION: 3
Company ABC has decided to use the invoice approval workflow to require approval on all invoices. Select two exceptions where Payables automatically sets the approval status to not required. (Choose two.)
A. recurring invoices if the approval workflow option required was not enabled on the template
B. expense reports imported through the Payables Expense Report Import program
C. invoices imported through EDI
D. invoices created after invoice workflow approval is enabled
E. invoices created using the Pay on Receipt Autoinvoice program
Answer: A,B
NEW QUESTION: 4
An administrator is testing the collision resistance of different hashing algorithms.
Which of the following is the strongest collision resistance test?
A. Find two identical messages with different hashes
B. Find two identical messages with the same hash
C. Find a common hash between a specific message and a random message
D. Find a common has between two specific messages
Answer: A
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