开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

SHAO · 2024年04月17日

老师,请问这道题目是哪个知识点呀

NO.PZ2023123001000021

问题如下:

Vinuvia, a privately held Brazilian wine distributor, was estimated to have equity value of approximately BRL 167 million using the CCM. Vinuvia’s FCFF was BRL 15 million, and the valuation assumed WACC of 15% and a perpetual growth rate of FCFF of 5%. Which statement is most accurate about the underlying assumption of Vinuvia’s reinvestment rate?

选项:

A.

Vinuvia’s assumed reinvestment rate is 33.33%.

B.

Vinuvia’s assumed reinvestment rate is 66.67%.

C.

Vinuvia’s reinvestment rate is not known based on the example

解释:

A is Correct. Equation 2 shows that the assumed reinvestment rate in the CCM can be calculated by dividing the assumed perpetual growth rate of FCFF by the assumed WACC. In this case, reinvestment is equal to 33.33% (5%/15%).

老师,请问这道题目是哪个知识点呀

1 个答案
已采纳答案

王园圆_品职助教 · 2024年04月17日

同学你好,请看一下讲义截图黄色部分,就是对应的本题的知识点,这是二级Equity第六章的内容


  • 1

    回答
  • 1

    关注
  • 506

    浏览
相关问题