m arket value为什么不是直接用 price* shares
问题如下图:
选项:
A.
B.
C.
解释:
NO.PZ201512300100001201 问题如下 1. Baseupon the information in Exhibit 1, the market value aeof the hypotheticfirm is closest to: A.R65 million. B.R113 million. C.R168 million. Market value aeequals the market value of firm minus totaccounting book value of totcapital.Market value ae= Market value of company Accounting book value of totcapitalMarket value of firm = Market value of + Market value of equityMarket value of firm = R55 million + (30,000,000 × R25.43)Market value of firm = R55 million + R762.9 million = R817.9 millionMarket value ae= R817.9 million R650 million = R167.9 million, or approximately R168 million. 这样算出来的R600 million和题目中给出的条件R650 million之间差的R50 million可能是由于哪些方面的原因?
请问老师 为什么MVA=market value of firm-book value of totcapit,被减项对应的是FIRM,减项对应的是TOTCAPITAL,这里面能否下
为什么这里的MVA是这样算的?MVA不是RI折现求和吗?RI是超过equity的回报部分吧?equtiy怎么是totcapital了?