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标题: Asset Valuation（资产估价）相关习题7 [打印本页]

作者: cfaspace 时间: 2006-4-17 15:17 标题: 每天一练：Asset Valuation（资产估价）相关习题7

The table below lists information on price per share and shares outstanding for three companies Lair Enterprises, Kurlew, Inc., and Mowe, Ltd.

	As of Beginning of Year		As of End of Year
Stock	Price Per Share ($)	# Shares Outstanding	Price Per Share ($)	# Shares Outstanding
Lair	15	10,000	10	10,000
Kurlew	45	5,000	60	5,000
Mowe	90	500	110	500

Assume that at the beginning of the year, the value of the market-weighted index was 100. The one-year return on the market-weighted index is closest to:

30.0%.

13.33%.

8.33%.

7.14%.

The correct answer was C) 8.33%.

Expand the table as follows:

	As of Beginning of Year 1			As of End of Year 1
Stock	Price Per Share (in $)	# Shares Outstanding	Market Capitalization (in $)	Price Per Share (in $)	# Shares Outstanding	Market Capitalization (in $)
Lair	15	10,000	150,000	10	10,000	100,000
Kurlew	45	5,000	225,000	60	5,000	300,000
Mowe	90	500	45,000	110	500	55,000
Total	150		420,000	170		455,000

First, we will calculate the year-end market-weighted index value, then we will calculate the return percentage.

Value of market-weighted index =
[(market capitalization_year-end) / (market capitalization_{beginning of year})]* Beginning index value
= (455,000 / 420,000) * 100 = 108.33

One-Year Return = [(Index value_year-end / Index value_{beginning of year}) -1]* 100
= [ (108.33 / 100) -1] * 100％ = 8.33%.

作者: idle 时间: 2006-4-19 09:45

zz

作者: mycutesky 时间: 2006-4-22 15:01

c

作者: hzjzh 时间: 2006-4-23 16:47

d[em01]

作者: coolcobra 时间: 2006-4-24 23:39

[em01]

作者: yangdr 时间: 2006-5-14 21:43

c

作者: churchill 时间: 2006-5-16 23:45

c

作者: starfishz 时间: 2006-5-22 20:50

I think it's (C)

作者: 金哲 时间: 2006-5-23 13:00

thanks

作者: aqsz 时间: 2006-9-12 15:04

C

作者: hwq70823 时间: 2006-9-30 16:50

m

作者: pippi 时间: 2006-10-7 18:44 标题: 回复：（cfaspace）每天一练：Asset Valuation（资产估...

6290[em07]

作者: wsusan 时间: 2006-10-9 14:58

c

作者: fengzhong 时间: 2006-10-29 23:40

c

作者: zyx8318 时间: 2006-10-30 14:12

c

作者: fansly 时间: 2006-10-30 20:16

c

作者: alanliu7 时间: 2006-10-30 21:35

kan

作者: abner_wang 时间: 2006-11-8 13:45

c

作者: caca 时间: 2006-11-20 20:29

dun no

作者: x-stephon 时间: 2007-5-27 23:12

c

作者: 小嘴金鱼 时间: 2007-5-28 12:56

c

作者: hollow 时间: 2007-11-22 18:33

?

作者: fionzheng 时间: 2008-4-16 16:23

d

作者: coolguy889 时间: 2008-5-3 21:15

[em01]

作者: ronald 时间: 2008-5-7 08:46 标题: [原创]

c

作者: gary1111 时间: 2008-5-12 18:47

c

作者: elliderek 时间: 2008-9-9 14:19

3

作者: owenbaggio 时间: 2008-9-14 14:53

c

作者: natty 时间: 2008-10-31 22:48

c

作者: natelee 时间: 2009-11-11 11:36

123

作者: kimchi123 时间: 2009-11-12 01:05

???

作者: jeffliu123456 时间: 2009-11-13 19:18

h

作者: hijacker 时间: 2009-11-14 16:34

 c

作者: mytharron 时间: 2009-11-23 14:12

c

作者: nickdon2006 时间: 2009-11-23 14:48

 C

作者: sadkto 时间: 2009-11-29 19:17

c

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