9、平均可变成本(Average variable cost) 平均可变成本是总可变成本除以产量。 10、投资的β(Beta) β度量的是与投资相联的不可分散的风险。对于一种股票而言,它表示所有现行股票的收益发生变化时,一种股票的收益会如何敏感地变化。 11、债券收益(Bond yiel...
He considered that it would not be cost-effective to use publicfundstosupport schools with aunitcostwellabove the territory-wideaverage. legco.gov.hk legco.gov.hk 他認為,倘若某些學校的單位成本遠高於全港學校的平均單位成本,以公帑支援這些學校並不符合成本效益。
After-tax cost of debt =bond yield ? tax savings = k d? k dt = k d(1 ? t) 相关知识点: 试题来源: 解析 C A) 正确。不同方法(如CAPM、DCF)可能因假设不同导致普通股成本估算结果不同。 B) 正确。优先股成本公式为优先股利除以优先股价,符合定义。 C) 错误。债务成本应基于债券的市场收益率...
57.1 Term Structure of Interest Rates: Spot, Par, and Forward Curves 42:04 58.1 Interest Rate Risk and Return 01:06:16 59.1 Yield Based Bond Duration Measures and Properties 40:59 60.1 Yield Based Bond Convexity and Portfolio Properties 37:33 61.1 Curve Based and Empirical Fixed Income...
When computing the weighted average cost of capital (WACC) and assuming a fixed-rate non-callable bond is currently selling above par value, the before-tax cost of debt is closest to the: A.coupon rate. B.yield to maturity. C.current yield. 相关知识点: 试题来源: 解析 B B is correc...
Weighted Average Cost of Capital (WACC) is a financial metric that represents the average rate of return a company must pay to finance itsassetsthrough a mix of equity and debt. It reflects the overall cost of capital—considering both the cost of borrowing (debt) and the cost of attracting...
C. A reduction in the company's bond rating. 正确答案:A 分享到: 答案解析: An increase in either the company’s beta or the market risk premium will cause the WACC to increase using the CAPM approach. A reduction in the market risk premium will reduce the cost of equity for WACC. ...
Most companies compare their cost of capital to the return on investment from various projects. This allows for owners and managers to have a quick figure to compare with each new business opportunity. For example, projects with a return of investment less than 8.9 percent will be rejected in ...
Average cost of capital refers to the rate at which the company has to pay the debt providers and security holders for investing in the assets of the company. It has two components: Debt and Equity. It is also known as Weighted average cost of capital (WACC)....
Step 1: To find before-tax and after-tax cost of debt Before-tax cost of debt is the yield to maturity (YTM) of the bond. YTM can be computed as: Number of semi-annual periods (18 years * 2), NPER ...Purchase this SolutionFree...