为什么不选B？

NO.PZ2022120702000017 问题如下 CBT’s AnnuGenerMeeting (AGM) is two months away. PatriWeeze is a portfolio manager who owns a significant number of Cshares in his portfolio. His funis a concentrateportfolio with high iosyncratic risk an a result, Patribelieves tha taileanalysis of the governanof eaof his portfolio holngs is paramount to its long-term performance. He reviews the relevant cumentation regarng CBT’s AGM annotes the following: − Cprovis information on the totamount of CEO remuneration, but no tail on the Key PerformanIncators (KPIs) thinfluenvariable compensation. The CEO’s totcompensation last yewG1.2 million, 30% of whicomprisefixesalary. − Ccurrently h10 invials sitting on its boar 3 of whom are inpennt. The Chairmis the former CEO who steppewn last year. − One of the resolutions to votethe AGM wput forwara minority shareholr. The investor asks the company to proa report on how climate change maffethe company’s strategy anfinancistability in the long-term. Patriis scussing CBT's financimol with his financianalyst. He asks the analyst to consir how the mol mtake into account the KPIs for the CEO's variable remuneration whiare not sclose He is presentewith 4 options. Whione is he most likely to seleto implement? A.Increase the company's estimatecosts for next yeaitionG1.2 million to account for the laof transparenregarng the KPIs. B.Rethe company’s current totcosts G360,000, there are no concerns regarng the fixesalary portion of the compensation. C.Increase the cost of capitfrom 4.6% to 4.8% to reflethe increaserisk stemmefrom uncertainty arounalignment of interest. crease the cost of capitfrom 4.6% to 4.4% to reflethe recelevel of certainty arounalignment of interest. CBT提供了CEO薪酬总额的信息，但没有提供影响可变薪酬的关键绩效指标(KPI)的细节。可变薪酬关系着高管和利益是否和股东一致，这一部分的信息缺失是负面的，因此要调高估值模型中的资本成本(cost of capital)来体现其投资风险，C正确。 请问老师第四版考试中是不是已经取消这种长篇阅读理解考题了?太浪费时间，太绕了

NO.PZ2022120702000017 问题如下 CBT’s AnnuGenerMeeting (AGM) is two months away. PatriWeeze is a portfolio manager who owns a significant number of Cshares in his portfolio. His funis a concentrateportfolio with high iosyncratic risk an a result, Patribelieves tha taileanalysis of the governanof eaof his portfolio holngs is paramount to its long-term performance. He reviews the relevant cumentation regarng CBT’s AGM annotes the following: − Cprovis information on the totamount of CEO remuneration, but no tail on the Key PerformanIncators (KPIs) thinfluenvariable compensation. The CEO’s totcompensation last yewG1.2 million, 30% of whicomprisefixesalary. − Ccurrently h10 invials sitting on its boar 3 of whom are inpennt. The Chairmis the former CEO who steppewn last year. − One of the resolutions to votethe AGM wput forwara minority shareholr. The investor asks the company to proa report on how climate change maffethe company’s strategy anfinancistability in the long-term. Patriis scussing CBT's financimol with his financianalyst. He asks the analyst to consir how the mol mtake into account the KPIs for the CEO's variable remuneration whiare not sclose He is presentewith 4 options. Whione is he most likely to seleto implement? A.Increase the company's estimatecosts for next yeaitionG1.2 million to account for the laof transparenregarng the KPIs. B.Rethe company’s current totcosts G360,000, there are no concerns regarng the fixesalary portion of the compensation. C.Increase the cost of capitfrom 4.6% to 4.8% to reflethe increaserisk stemmefrom uncertainty arounalignment of interest. crease the cost of capitfrom 4.6% to 4.4% to reflethe recelevel of certainty arounalignment of interest. CBT提供了CEO薪酬总额的信息，但没有提供影响可变薪酬的关键绩效指标(KPI)的细节。可变薪酬关系着高管和利益是否和股东一致，这一部分的信息缺失是负面的，因此要调高估值模型中的资本成本(cost of capital)来体现其投资风险，C正确。 我不太明白为什么资产成本就是贴现率

NO.PZ2022120702000017 问题如下 CBT’s AnnuGenerMeeting (AGM) is two months away. PatriWeeze is a portfolio manager who owns a significant number of Cshares in his portfolio. His funis a concentrateportfolio with high iosyncratic risk an a result, Patribelieves tha taileanalysis of the governanof eaof his portfolio holngs is paramount to its long-term performance. He reviews the relevant cumentation regarng CBT’s AGM annotes the following: − Cprovis information on the totamount of CEO remuneration, but no tail on the Key PerformanIncators (KPIs) thinfluenvariable compensation. The CEO’s totcompensation last yewG1.2 million, 30% of whicomprisefixesalary. − Ccurrently h10 invials sitting on its boar 3 of whom are inpennt. The Chairmis the former CEO who steppewn last year. − One of the resolutions to votethe AGM wput forwara minority shareholr. The investor asks the company to proa report on how climate change maffethe company’s strategy anfinancistability in the long-term. Patriis scussing CBT's financimol with his financianalyst. He asks the analyst to consir how the mol mtake into account the KPIs for the CEO's variable remuneration whiare not sclose He is presentewith 4 options. Whione is he most likely to seleto implement? A.Increase the company's estimatecosts for next yeaitionG1.2 million to account for the laof transparenregarng the KPIs. B.Rethe company’s current totcosts G360,000, there are no concerns regarng the fixesalary portion of the compensation. C.Increase the cost of capitfrom 4.6% to 4.8% to reflethe increaserisk stemmefrom uncertainty arounalignment of interest. crease the cost of capitfrom 4.6% to 4.4% to reflethe recelevel of certainty arounalignment of interest. CBT提供了CEO薪酬总额的信息，但没有提供影响可变薪酬的关键绩效指标(KPI)的细节。可变薪酬关系着高管和利益是否和股东一致，这一部分的信息缺失是负面的，因此要调高估值模型中的资本成本(cost of capital)来体现其投资风险，C正确。 C里面的提升成本4.6%-4.8%的依据是什么？A也是提升成本，并指出了CEO薪酬的不透明问题，C比A更正确的原因是什么

NO.PZ2022120702000017 问题如下 CBT’s AnnuGenerMeeting (AGM) is two months away. PatriWeeze is a portfolio manager who owns a significant number of Cshares in his portfolio. His funis a concentrateportfolio with high iosyncratic risk an a result, Patribelieves tha taileanalysis of the governanof eaof his portfolio holngs is paramount to its long-term performance. He reviews the relevant cumentation regarng CBT’s AGM annotes the following: − Cprovis information on the totamount of CEO remuneration, but no tail on the Key PerformanIncators (KPIs) thinfluenvariable compensation. The CEO’s totcompensation last yewG1.2 million, 30% of whicomprisefixesalary. − Ccurrently h10 invials sitting on its boar 3 of whom are inpennt. The Chairmis the former CEO who steppewn last year. − One of the resolutions to votethe AGM wput forwara minority shareholr. The investor asks the company to proa report on how climate change maffethe company’s strategy anfinancistability in the long-term. Patriis scussing CBT's financimol with his financianalyst. He asks the analyst to consir how the mol mtake into account the KPIs for the CEO's variable remuneration whiare not sclose He is presentewith 4 options. Whione is he most likely to seleto implement? A.Increase the company's estimatecosts for next yeaitionG1.2 million to account for the laof transparenregarng the KPIs. B.Rethe company’s current totcosts G360,000, there are no concerns regarng the fixesalary portion of the compensation. C.Increase the cost of capitfrom 4.6% to 4.8% to reflethe increaserisk stemmefrom uncertainty arounalignment of interest. crease the cost of capitfrom 4.6% to 4.4% to reflethe recelevel of certainty arounalignment of interest. CBT提供了CEO薪酬总额的信息，但没有提供影响可变薪酬的关键绩效指标(KPI)的细节。可变薪酬关系着高管和利益是否和股东一致，这一部分的信息缺失是负面的，因此要调高估值模型中的资本成本(cost of capital)来体现其投资风险，C正确。 如果这道题改为 increase the scount rate是不是也是正确的？