NO.PZ2018062002000182
问题如下:
Enterprise value is defined as the value of the common stock and preferred shares minus the value of the cash equivalents and short term investments, plus:
选项:
A.market value of short-term debt.
B.market value of debt.
C.book value of debt.
解释:
B is correct.
By definition,The market value of debt must be taken out form the EV's calculation.
考点:Asset-based Valuation
这道题就是直接考察企业价值公式,EV的公式就等于:
EV = market value of common stock + market value of preferred equity + market value of debt– cash and short-term investments
为啥不选short term debt呢