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  • Vendor : IIBA
  • Certifications : Entry Certificate in Business Analysis
  • Exam Name : Entry Certificate in Business Analysis (ECBA Deutsch Version)
  • Exam Code : ECBA-Deutsch
  • Total Questions : 376 Q&As
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VCE Exam Simulator is a test engine designed specifically for certification exam preparation. It allows you to create, edit, and take practice tests in an environment very similar to an actual exam.
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    A. True
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    Answer: B

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    B. 2 hours
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    Answer: A

    NEW QUESTION: 3
    Interstate Transport has a target capital structure of 50 percent debt and 50 percent common equity. The firm is considering a new independent project which has an IRR of 13 percent and which is not related to transportation. However, a pure play proxy firm has been identified that is exclusively engaged in the new line of business. The proxy firm has a beta of 1.38. Both firms have a marginal tax rate of 40 percent, and Interstate's before-tax cost of debt is 12 percent. The risk-free rate is 10 percent, and the market risk premium is 5 percent. The firm should
    A. Be indifferent between accepting or rejecting; the firm's required rate of return on the project equals its expected return.
    B. Accept the project; its IRR exceeds the risk-free rate and the before-tax cost of debt.
    C. Reject the project; its IRR is only 13 percent.
    D. Accept the project; its IRR is greater than the firm's required rate of return on the project of 12.05 percent.
    E. Reject the project; its IRR is less than the firm's required rate of return on the project of 16.9 percent.
    Answer: D
    Explanation:
    Explanation/Reference:
    Explanation:
    Calculate the required return, k(s), and use to calculate the WACC:
    k(s) = 10% + 1.38(5%) = 16.9%.
    WACC = 0.5(12.0%)(0.6) + 0.5(16.9%) = 12.05%.
    Compare expected project return, to WACC:
    Accept the project since IRR (13%) is more than the WACC (12.05%).

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    Oracle WSM policies are made of one or more_______.
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    B. Tokens
    C. Assertions
    D. Bindings
    Answer: C
    Explanation:
    Building Policies Using Policy Assertions
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    Reference: Oracle Fusion Middleware Security and Administrator's Guide for Web Services 11g , Understanding Oracle WSM Policy Framework


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