penyt

QUOTE:

以下是引用shxjm在2011-6-6 7:55:00的发言：

难道我又错了，第二个我记得算出来是9.2，但表格上个给的是9.0，那就是说是overvalued，我就选了overvalued.

It's definitely OVERVALUED. Expected Return = 9% Required Rate of Return = 9.2% RRR > E(R) therefore OVERVALUED.

penyt

QUOTE:

以下是引用gdigef在2011-6-6 11:17:00的发言：

这道题我记得 直接带入公式就行

 

D0=0.71; H=1/2*10;gL=20%,gS=7%;R=12%;g=7%;

 

直接带就算出来24.xx

Emm... Then I should have got it correctly. But I don't remember which answer I got. ='(

penyt

QUOTE:

以下是引用coolphon在2011-6-7 12:31:00的发言：

6161有两道题期待高人解答：

1、FINANCE LEASE和OPERATE LEASE那道计算题，求OPERATE LEASE 调整为FINANCE LEASE后的EBIT

A 23X

B 478

C XXX

我猜的B

2、求ECONOMIC PROFIT拿到计算题

A -16,XXX

B  78，100

C 278，100

我也选的B

求答案，谢谢。

I don't remember the exact number for the operating and financing lease. But it should be EBIT + Operating Lease - Depreciation.

The economic profit I'm quite sure it should be A. It's NOPAT - $WACC.

NOPAT = EBIT (1-tax rate)

$WACC = WACC * Invested Capital (which is $300m from my memory).