120万怎么来的？

NO.PZ2023090507000009问题如下 Company X hthe following on the right-hansi of its balansheet:Bon $400,000Common sto(40,000 shares) $600,000Totliabilities anequity $1,000,000The priof Company X stois currently $20 per share. The requirereturn before ton is 5%, anthe requirereturn on equity is 10%.In calculating WAfor Company X, the weight for using book values for the balansheet components is likely to ________________ ththe weight for using market values for the balansheet components. A.lowerB.the sameC.higher C is correct.The book value weights are computefollows:W= $400,000/$1,000,000 = 0.40.We = $600,000/$1,000,000 = 0.60.The market value of equity is equto $20 × 40,000 shares = $800,000.The market value weights are computefollows:W= $400,000/$1,200,000 = 0.33.We = $800,000/$1,200,000 = 0.67.Thus, the book value weight for (0.40) is higher ththe market value weight (0.33). 如果要计算bon市场价值，是不是需要先了解当前市场的无风险利率？再以未来现金流折现求和得出？

NO.PZ2023090507000009 问题如下 Company X hthe following on the right-hansi of its balansheet:Bon $400,000Common sto(40,000 shares) $600,000Totliabilities anequity $1,000,000The priof Company X stois currently $20 per share. The requirereturn before ton is 5%, anthe requirereturn on equity is 10%.In calculating WAfor Company X, the weight for using book values for the balansheet components is likely to ________________ ththe weight for using market values for the balansheet components. A.lower B.the same C.higher C is correct.The book value weights are computefollows:W= $400,000/$1,000,000 = 0.40.We = $600,000/$1,000,000 = 0.60.The market value of equity is equto $20 × 40,000 shares = $800,000.The market value weights are computefollows:W= $400,000/$1,200,000 = 0.33.We = $800,000/$1,200,000 = 0.67.Thus, the book value weight for (0.40) is higher ththe market value weight (0.33). 请问如果问题换成The WAof book value 与 the WAof market value 是不是 The WAof book value the WAof market value 呢？ 定性理解 当market value 大于book value时， equity 的权重更大，那么WACC就会更倾向于rate of requity. 对吗？

NO.PZ2023090507000009问题如下 Company X hthe following on the right-hansi of its balansheet:Bon $400,000Common sto(40,000 shares) $600,000Totliabilities anequity $1,000,000The priof Company X stois currently $20 per share. The requirereturn before ton is 5%, anthe requirereturn on equity is 10%.In calculating WAfor Company X, the weight for using book values for the balansheet components is likely to ________________ ththe weight for using market values for the balansheet components. A.lowerB.the sameC.higher C is correct.The book value weights are computefollows:W= $400,000/$1,000,000 = 0.40.We = $600,000/$1,000,000 = 0.60.The market value of equity is equto $20 × 40,000 shares = $800,000.The market value weights are computefollows:W= $400,000/$1,200,000 = 0.33.We = $800,000/$1,200,000 = 0.67.Thus, the book value weight for (0.40) is higher ththe market value weight (0.33). 这种类型的题是否可以不计算出最终数值，比较We 和We 权重大小，再看R 和Re的大小从而判断？