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Clare · 2021年06月01日

老师好这题是什么意思?

NO.PZ2018062005000017

问题如下:

When NPV profile intersects with the horizontal axis, it represents:

选项:

A.

the cost of capital at which two projects’ NPVs are equal.

B.

the NPV when cost of capital is zero.

C.

the IRR when NPV is zero.

解释:

C is correct. NPV profile shows a project’s NPV graphed with different discount rate. The NPV is graphed vertically, and discount rate is graphed horizontally. Therefore the intersection point with horizontal axis is the cost of capital where NPV is zero, which is IRR of the project.

老师好 horizontal axis is the cost of capital where NPV is zero是为啥,可不可以画图看一下,谢谢您

1 个答案

王琛_品职助教 · 2021年06月01日

嗨,爱思考的PZer你好:


道题考查的知识点是 NPV profile,需要我们掌握横坐标的截距,纵坐标的截距,以及两个项目的交点 crossover rate 所代表的含义

图形请参考:https://class.pzacademy.com/qa/18952

经典题的题目参考:R32 的 3.4 - 3.6 题


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虽然现在很辛苦,但努力过的感觉真的很好,加油!

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