NO.PZ201602170500003104
问题如下:
4. Sandell is performing a sensitivity analysis of the effect of the new project on the company's cost of capital. If the China project has the same asset risk as Kruspa, the estimated project beta for the China project, if it is financed 80 percent with debt, is closest to:
选项:
A.1.300.
B.2.635.
C.3.686.
解释:
C is correct.
Project beta = 1.053 {1 + [(1 − 0.375)(€80/€20)]} = 1.053 {3.5} = 3.686
现在的考纲里还有这个吗?