[求助]高手给讲讲题呗 level 1 interest, exactly, percent, periods, issues

注金证

(1)  关于 interest coverage ratio = (CFO+interest paid+ TAX PAID) /interest paid

 

我不明白为什么要加 TAX PAID. 能讲一下吗？

 

 

(2)还有ARM'S LENGTH TRANSACTION 是什么意思啊？

 

 

(3) A firm issues a $5 million zero coupon bond with a maturity of four years when market rates are 8 percent. Assuming semiannual compounding periods, the total interest on this bond is:

Select exactly 1 answers from the following:

A. $1,200,000.
B. $1,200,411.
C. $1,346,549.

怎么算啊？

 

 

[此贴子已经被作者于2010-5-12 22:55:43编辑过]

easter2006

(1) 我的理解是interest么是EBIT cover的呀，所以要算上tax的。

 

(2) Google下就可以啦，貌似是“公平交易”（不要砸我！）

 

(3) 选C咯，Zero coupon bond既然不付息么，直接按照I/Y=4%,N=8,FV=5 million算PV，那么FV和PV的差就是interest了。