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NEW QUESTION: 1
A project requires a capital investment of £2.7million. The project will save £450,000 each year after taxation. Assume the savings are in perpetuity. The business risk of the venture requires a 15% discount rate. The company has to borrow £1million to finance the project at a rate of 9% and the net tax shield is 30%, the project supports debt which generates an interest tax shield of 0.30 x 0.09 x £1million, which is £27,000 per year in perpetuity.
Calculate the project's adjusted present value.
A. £600,000
B. 0
C. £570,000
D. £(30,000)
Answer: A

NEW QUESTION: 2
Which statement is true concerning private agents?
A. Once an agent is saved as a private agent, there is not a way to make it a shared agent.
B. In IBM Domino Designer, anyone with Designer level access or higher can see and run a private agent.
C. Only Shared agents are available on the Actions menu.
D. Ownership of a private agent can be reassigned to another user who saves or re-signs the agent.
Answer: B

NEW QUESTION: 3
Click the Exhibit tab to see the exhibit.

You have a text frame with text in it. Currently, the text and background color are partially transparent. You want to change it so that the text is fully opaque. What should you change in the Effects dialog box?
A. Set the Opacity to 100%, click OK, then choose the frame path with the Direct Selection tool and change the Opacity to 50%.
B. Click OK, then edit the background color swatch in the Swatches panel to edit the transparency color.
C. Set Opacity to 100%, choose Fill from the Settings For pop-up menu, and change the transparency settings.
D. Turn on the Isolate Blending checkbox, then select the text with the Type tool and set the Opacity to 100%.
Answer: D