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PaisleyPPx · 2020年01月05日

问一道题：NO.PZ2018062018000017

  1. CFA I
  2. FRA

问题如下：

According to following information to calculate diluted EPS:

  • Net income is $1,650,000 in 2017
  • weighted average number of outstanding common shares are 1,000,000
  • preferred stock dividend is $200,000
  • 25,000 stock options with exercise price of $20/share, average market price is $30/share, at the end of 2017, the price of stock is $18/share

选项：

A.

1.57

B.

1.43

C.

1.30

解释：

B is correct. diluted EPS=(1,650,000-200,000)/(1,000,000+25,000-16,667)=1.43, 16,667=25,000*20/30

老师 有个理解不了的地方是 投资者行使option之后 公司得到一笔钱，这里是5000000，公司拿到这边钱，去买公司的股票，股票数量不是又增加了吗？为什么要减去它。

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1 个答案

Olive_品职助教 · 2020年01月06日

嗨，爱思考的PZer你好：


分母是发行在外的股票数量，公司拿到钱之后是从二级市场上进行回购，回购之后就不在二级市场上交易了，相当于是减少了在外发行股票数量。


-------------------------------
虽然现在很辛苦，但努力过的感觉真的很好，加油！


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