问题如下:
1. Based on the Modigliani and Miller (MM) propositions with corporate taxes, Aquarius’s WACC is closest to:
选项:
A.3.38%.
B.7.87%.
C.11.25%.
解释:
B is correct.
[#PZMATH438#]
Because D/E = 0.60 and D = £2m, then E = £2m/(0.60) = £3,333,333
So, Value of company ( [#PZMATH439#] ) = D + E = £2,000,000 + £3,333,333 = £5,333,333
[#PZMATH440#]
So,[#PZMATH441#]
答案无法正常显示,需要处理。