1

In his 2014 article, "Apple Inc. Stock, how much has debt helped shareholders?" Niu overcomes the problem of valuing Apple's cost of floating debt by

Group of answer choices

Estimating Apple's yield on floating debt, based on average yields for similar fixed rate bonds.

Using the rates on the fixed rate bonds Apple swapped their floating rate bonds for

Converting Apple's floating rates to similar fixed rate bonds

Using the average 10 year Treasure yield as a proxy for floating rate yields

2

If we create a 3 asset High Dividend Stock Index, basing our index weighting scheme on the stocks' dividends, we are using a

Group of answer choices

Cap weighted index

Equal weighted index

None of the above.

Fundamentals weighted index

Price weighted index