NO.PZ2018101501000065
问题如下:
Company M now is all equity-financed and the cost of capital is 12%. Management is considering changing the capital structure of the company. They intend to issue new debt to repurchase outstanding shares, which may lead the D/E ratio to increase from 0 to 0.4. The tax rate is 30% and the before-tax cost of debt is 8%. What’s the WACC after changing the capital structure according to the MM`s proposition with tax?
选项:
A.10.17%
B.10.86%
C.10.97%
解释:
C is correct.
考点:Capital Structure Theory: with tax
解析:根据公式
老师视频里讲的ro是资产的要求回报率,请问ro与costofequity,costofcapital,wacc,之间的区别和关系?