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Tina Zhou · 2018年03月24日

问一道题：NO.PZ2016021705000033 [ CFA I ]

  1. CFA I
  2. Corporate Issuers

问题如下图：

选项：

A.

B.

C.

解释：

它这道题问的不是WACC吗？为什么只用了后面的7%，不用前面发行的债券的成本？

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maggie_品职助教 · 2018年03月24日

1、这道题问的是税后债务成本

2、任何时候计算成本一定要用边际的量，因为每增加一单位的融资，融资成本就会跟着增加。因此一定要用公司最新的借债的成本。

加油。

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