[CFA level 1模拟真题]Version 1 Questions－Q38 market, equity, 题

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Q38. market equity risk premium                6.0

Sorbonne estimate beta                    1.6

Sorbonne after-tax cast                    8.0%

Risk premium of equity over debt            4.0%

Using the capital asset pricing model (CAPM) approach and the bond yield plus risk premium approach, respectively, the cost equity for Sorbonne is closest to:

CAPM                        Bond yield plus risk premium

A.           12.6%                            12%

B.           12.6%                            14%

C.           13.1%                            12%

D.           13.1%                            14%

 

答案和详解如下：

 Q38.   C  Study Session 11-48.h

The cost equity using the CAPM=3.5+1.6(6) = 13.1% and with the bond yield plus risk premium approach = 8+4 = 12%

fantasy_ln

s

technet

a

yangyangda

a

LEEFEI571

a

vivian1022

kk

ondesert

a

ondesert

这个题目的条件是不是少给了，没有说risk free rate 是3.5% 啊？

47dx

?

ella_li

A