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- UID
- 223451
- 帖子
- 355
- 主题
- 11
- 注册时间
- 2011-7-11
- 最后登录
- 2014-8-7
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2#
发表于 2011-7-12 13:53
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| Don't have notes in front of me, but you use equity charge when dealing with NI because interest exp on debt has already been taken out and you only have the required return on equity to subtract. you use capital charge when dealing with nopat because both equity and debt charges need to be subtracted. they should have same answer I think. |
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