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Certified Information Privacy Professional/Europe (CIPP/E) (CIPP-E Deutsch Version)
| Questions and Answers | : 347 |
| File Format | |
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A security engineer is setting up passwordless authentication for the first time.
INSTRUCTIONS
Use the minimum set of commands to set this up and verify that it works. Commands cannot be reused.
If at any time you would like to bring back the initial state of the simulation, please click the Reset All button.
Answer:
Explanation:
NEW QUESTION: 2
Which of the following is a disadvantage of a memory only card?
A. High cost to develop.
B. Easy to counterfeit.
C. Physically infeasible.
D. High cost to operate.
Answer: B
Explanation:
Memory Only Card - This type of card is the most common card. It has a magnetic stripe on the back. These cards can offer two-factor authentication, the card itself (something you have) and the PIN (something you know). Everyone is familiar with the use of an ATM (Automated Teller Machine) card. These memory cards are very easy to counterfeit. There was a case in Montreal where a storeowner would swipe the card through for the transaction; he would then swipe it through a card reader to get a copy, while a small hidden camera was registering the PIN as the user was punching it on the pad. This scheme was quickly identified as the victims had one point in common; they all visited the same store.
NEW QUESTION: 3
Gulf Electric Company (GEC) uses only debt and equity in its capital structure. It can borrow unlimited amounts at an interest rate of 10 percent so long as it finances at its target capital structure, which calls for
55 percent debt and 45 percent common equity. Its last dividend was $2.20; its expected constant growth rate is 6 percent; its stock sells on the NYSE at a price of $35; and new stock would net the company $30 per share after flotation costs. GEC's tax rate is 40 percent, and it expects to have $100 million of retained earnings this year. GEC has two projects available: Project A has a cost of $200 million and a rate of return of 13 percent, while Project B has a cost of $125 million and a rate of return of 10 percent. All of the company's potential projects are equally risky. What is GEC's cost of equity from newly issued stock?
A. 12.29%
B. 10.00%
C. 13.77%
D. 12.66%
E. 13.33%
Answer: C
Explanation:
Explanation/Reference:
Explanation:
k(d) (interest rate on the firm's new debt) = 10%
k(d)(1 - T) (after-tax-component cost of the debt) = 10%(0.6) = 6%.
D/A = 55%; D0 = $2.20; g = 6%; P0 = $35; PN = $35; T = 40%.
Retained earnings = $100M; BP(RE) = $100M/ .45 = $222.22M.
k(s) (component cost of retained earnings) = $2.33/$35 + 6% = 12.66%.
k(e) (component cost of external equity) = $2.33/$30 + 6% = 13.77%.
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