NO.PZ201512300100001604
问题如下：
Given the observations about Spice World noted by Schmidt, the required rate of return for Spice World should be adjusted to reflect:
选项：
A.only a size premium
only a company-specific risk premium
both a size premium and a company-specific risk premium
解释：
C is correct. The required return for Spice World should be adjusted to reflect both a size premium and a company-specific risk premium. Spice World is smaller than the guideline public companies, as it has fewer employees and a lower level of total assets. Therefore, the required rate of return should be adjusted to reflect a size premium so that it reflects the level of risk of Spice World. Further, Spice World faces operational and customer concentration risks that do not impact the selected guideline public companies—risks specific to Spice World. These company-specific risks increase the level of risk of Spice World relative to that of the guideline public companies. Consequently, the required return for Spice World should also reflect a company-specific risk premium.
老师，Spice World在哪里出现的啊？
