大学MOOC 公司财务(Corporate Finance)(广东财经大学华商学院)1454224171 最新慕课完整章节测试答案
Chapter 6 Cost of Capital
文章目录
Chapter 6 Test
1、单选题:
Lepus has issued loan notes of $100 nominal value with annual interest of 9% per year, based on the nominal value. The current market price of the loan notes is $90. What is the cost of the loan notes?
选项:
A: 10%
B: 9%
C: 11%
D: 8%
答案: 【 10%】
2、单选题:
HAHA is financed partly by equity and partly by debentures. The equity proportion is always kept at one thirds of the total. The cost of equity is 16% and that of debt 10%. Ignore taxation.calculate the weighted average cost of capital for the entity.
选项:
A: 16%
B: 10%
C: 12%
D: 11%
答案: 【 12%】
3、判断题:
The weighted average cost of capital can be used in investment appraisal if the project being appraised is small relative to the company.
选项:
A: 正确
B: 错误
答案: 【 正确】
4、判断题:
The weighted average cost of capital can be used in investment appraisal if the existing capital structure will be maintained (same financial risk).
选项:
A: 正确
B: 错误
答案: 【 正确】
5、填空题:
11% bank term loan, corporate tax is 30%. Kdat=?Please express the answer in percentage.
答案: 【 7.7%】
Chapter Four Sources of Finance
Chapter Four Test
1、单选题:
Consider the following statements concerning sources of finance. I Debentures are more similar to equity than preference shares. II There is less risk for the equity shareholders if the company raises finance using preference shares rather than debt. Are the statements above true or false?
选项:
A: Statement I is true,Statement II is true.
B: Statement I is true,Statement II is false.
C: Statement I is false,Statement II is true.
D: Statement I is false,Statement II is false.
答案: 【 Statement I is false,Statement II is false. 】
2、单选题:
Which of the following sources of equity finance is a company most likely to use in practice?
选项:
A: Rights issue
B: Venture capital
C: New share issue
D: Retained earnings
答案: 【 Retained earnings 】
3、单选题:
Which of the following is least likely to be a reason for seeking a stock market flotation?
选项:
A: Transfer of capital to other uses
B: Access to a wider pool of finance
C: Enhancement of the company's image
D: Improving the existing owners' control over the business
答案: 【 Improving the existing owners' control over the business】
4、单选题:
Which of the following is not true of a rights issue by a listed company?
选项:
A: Rights issues do not require a prospectus.
B: If shareholders do not take up the rights, the rights lapse.
C: The rights issue price can be at a discount to market price.
D: Relative voting rights are unaffected if shareholders exercise their rights.
答案: 【 If shareholders do not take up the rights, the rights lapse. 】
5、单选题:
What is the term for an arrangement whereby a listed company issues new shares which are bought by a small number of institutional investors,
