When a Justice Agrees with Both the Decision and the Rationale

question 95

Multiple Choice

When a justice agrees with both the decision and the rationale of the majority but wishes to emphasize or highlight a particular point, he or she may write a

• A)dissent.
• B)special concurrence.
• C)regular concurrence.
• D)writ of certiorari.

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Definitions:

WACC

The calculation of a company's cost of capital, whereby each capital category is weighted according to its proportion, is referred to as the Weighted Average Cost of Capital.

Constant Dividend Growth Rate

The constant dividend growth rate is a model assuming that dividends from a stock or portfolio grow at a fixed, constant rate indefinitely.

Common Equity

The amount of money that would be returned to shareholders if all the assets were liquidated and all the company's debt was paid off.

WACC

Weighted Average Cost of Capital, a measure used to estimate the average rate a company pays to finance its assets, factoring in both debt and equity.