NO.PZ201601200500002202
问题如下:
2. Based on MM propositions with corporate taxes, what is Bema’s weighted average cost of capital after the completion of its announced debtfinanced share repurchase program?
选项:
A.6.52%.
B.7.83%.
C.8.88%.
解释:
C is correct.
lre=r0+(r0−rd)(1−t)(ED),andrwacc=(VD)rd(1−t)+(VE)re
re=r0+(r0−rd)(1−t)(ED) =10+(10-6)(1-0.30)(0.60)=10+1.68=11.68%
Therefore,
rwacc=(VD)rd(1−t)+(VE)re
(1.60.6)(6)(1−0.3)+(1.61.0)(11.68)=1.58+7.3=8.88%
老师您好,答案里的rd和re怎么都不带百分号啊,我加了百分号之后算出来没有答案…