题目内容

Tinep Co is planning to raise funds for an expansion of existing business activities and in preparation for this the company has decided to calculate its weighted average cost of capital. Tinep Co has the following capital structure:
The ordinary shares of Tinep Co have a nominal value of 50 cents per share and are currently trading on the stock market on an ex dividend basis at $5·85 per share. Tinep Co has an equity beta of 1·15.
The loan notes have a nominal value of $100 and are currently trading on the stock market on an ex interest basis at $103·50 per loan note. The interest on the loan notes is 6% per year before tax and they will be redeemed in six years’ time at a 6% premium to their nominal value.
The risk-free rate of return is 4% per year and the equity risk premium is 6% per year. Tinep Co pays corporation tax at an annual rate of 25% per year.
Required:
(a) Calculate the market value weighted average cost of capital and the book value weighted average cost of capital of Tinep Co, and comment briefly on any difference between the two values. (9 marks)
(b) Discuss the factors to be considered by Tinep Co in choosing to raise funds via a rights issue. (6 marks)

查看答案
更多问题

案情:牛某被杀,公安机关经过侦查,抓获犯罪嫌疑人许某和赵某。许某和赵某对实
施杀人行为供认不讳,但说他们杀人是陈某花50000元人民币雇佣他们干的。许某和赵某交
出了陈某先交给他们的20000元钱,并提供了陈某与他们之间谈话的录音,陈某在谈话中说
“今天晚上牛某一个人在家,你们今天就把他干掉,其他3000。元事成之后就付。”(经鉴定确为陈某声音)陈某对雇凶杀人一事完全否认。
在法庭审理过程中,公诉方提出该录音证明陈某是本杀人案主犯,但辩护人提出异议,指
出“该录音是未经对方同意的私自录音,侵犯了陈某的隐私权,属于非法证据,应当排除”。
间题:(1)本案中犯罪嫌疑人许某和赵某私自录下陈某关于犯罪的谈话,是否侵犯了陈某
的隐私权?
(2)该录音是否属于非法证据,应当排除?

The junior employee also provided the following information:
1. Relevant fixed costs are forecast to be $150,000 per year.
2. Sales and production volumes are the same and no finished goods inventory is held.
3. The corporation tax rate is 22% per year and tax liabilities are payable one year in arrears.
4. Uftin Co can claim tax allowable depreciation of 25% per year on a reducing balance basis on the initial investment.
5. A balancing charge or allowance can be claimed at the end of the fourth year.
6. It is expected that selling price inflation will be 4·2% per year, variable cost inflation will be 5% per year and fixed cost inflation will be 3% per year.
7. The investment has no scrap value.
8. The investment will be partly financed by a $1,500,000 loan at 10% per year.
9. Uftin Co has a weighted average cost of capital of 12% per year.
Required:
(a) Prepare a revised draft evaluation of the investment proposal and comment on its financial acceptability. (11 marks)
(b) Explain any TWO revisions you have made to the draft evaluation in part (a) above. (4 marks)

根据相关法律和司法解释,在民事诉讼中,实行证明责任倒置的侵权诉讼有哪些?

有关结核性脑膜炎脑脊液检查的叙述,不正确的是

A. 葡萄糖含量明显增高
B. 氯化物含量明显下降
C. 可见腺苷脱氢酶活性明显增高
D. 标本静置后可出现薄膜
E. 细胞分类一般以淋巴细胞为主

答案查题题库