NO.PZ201602170500003103
问题如下：
3. In his estimation of the project's cost of capital, Sandell would like to use the asset beta of Kruspa as a base in his calculations. The estimated asset beta of Kruspa prior to the China project is closest to:
选项：
A.1.053.
B.1.110.
C.1.327.
解释：
A is correct.
Asset beta = Unlevered beta = 1.3/{1 + [(1−0.375)(€900/€2400)]}= 1.053
如果杠杆没有用0.3的话，那公式里面分母的+1是怎么来的，这个1是E的值么？ βu [d(1-t)+e] = e✖βe基于李老师讲的这个公式 1.3 / 1 + （1-0.375）（900/2400） ，那么 (900/2400)是d， 1.3是β ，（1-0.375）是1-t, +1这个数字是怎么来的呢？ 如果d是按照（900/2400） ， e为什么是1呢？
