In Which One of the Following Pairs Will the First

question 37

Multiple Choice

In which one of the following pairs will the first system have a higher entropy than the second? Assume P and T are the same for each pair, unless stated otherwise.

• A)1 mole He( g); 1 mole Kr( g)
• B)1 mole O ₂( g); 2 mole O( g)
• C)1 mole CH ₄( g); 1 mole C ₂H ₆( g)
• D)1 mole Xe( g)at 1 atmosphere; 1 mole Xe( g)at 0.5 atmosphere
• E)20 one-dollar bills distributed randomly among 20 people; 20 one-dollar bills distributed randomly among 10 people

Differentiate between book value and market value and understand the relevance of each in calculating WACC.

Analyze capital structure using market values to calculate the firm's WACC.

Understand the concept of marginal cost of capital (MCC) and its implications for capital budgeting.

Explain the importance of flotation costs and their impact on capital component costs and WACC.

---

Definitions:

CFA Institute Standards

Ethical and professional guidelines provided by the CFA Institute to its members and candidates, aimed at fostering integrity in the investment industry.

Professional Conduct

The behaviors and attitudes expected of an individual within a business or work environment, encompassing reliability, respectfulness, and adherence to ethical guidelines.

Applicable Laws

The set of laws and regulations that are relevant and must be complied with in a particular jurisdiction or context.

International Exchange

A platform or market where different currencies are traded, and where entities participate in global financial transactions.