问题 单项选择题

(一)资料
甲公司共有资金5000万元,其中,债券面值为1000万元,发行价格为1050万元,筹资费用率2%,期限为3年,债券面值利率8%;银行借贷450万元,借贷利率6%;发行普通股300万股,每股发行价10元,计3000万元,筹资费用率5%,预计每年分派现金股利2元/股;留存收益500万元。假设企业所得利率为25%。
(二)要求:根据上述资料,从下列问题的备选答案中选出正确答案

甲公司的债券资金成本是______。

A.4.62%

B.5.83%

C.7.13%

D.8.32%

答案

参考答案:B

解析: 测算公式:Kb=B0×ib(1-T)/B×(1-fb)
式中:B0为券面面值;Kb为长期债券资本成本;ib为长期债券票面利率;T为所得税税率;fb为债券筹资费率;B为债券发行价
发行债券资金成本=1000×8%×(1-25%)/[1050×(1-2%)]=5.83%。

阅读理解

Americans: Restless? Illiterate(没文化的)?

Americans are queer people: they can’t rest.They have more time, more leisure, shorter work hours, more holidays, and more vacations than any other people in the world.But they can’t rest.They rush up and down across their continent as tourists; they move about in great herds to conferences; they search the wilderness; they flood the mountains; they keep the hotels full.But they can’t rest.The scenery rushes past them.They learn it.Battles and monuments are announced to them on a tour bus.They hear them, but they don’t get them.They never stop moving; they rush up and down as Shriners, Masons, Old Graduates, Bankers—they are a new thing each day, always rushing to a reunion or something.So they go on rushing about till eventually the undertaker (殡葬工) gather them to a last conference.

Americans are queer people: they can’t read.They have more schools, and better schools and spend more money on schools and colleges than all Europe.But they can’t read.They print more books in a year than the French print.But they can’t read.They cover their country with one hundred thousand tons of Sunday newspapers every week.But they don’t read them.They’re too busy.They use them for fires and to make more paper with.They buy eagerly thousands of new novels at two dollars each.But they read only page one.Their streets are full of huge signs.They won’t look at them.Their streetcars are filled with advertising; they turn their eyes away.Transparent colors, cart wheels, and mechanical flares whirl and flicker in the crowded streets at night.No one sees them.Tons of letters pour into the mail boxes, through the houses, and down the garbage cans.No one reads them.

68.The underlined word “queer ” means ___________.

A.strange     B.difficult    C.forgetful   D.friendly

69.According to the text, when do the Americans stop rushing about ?

A.When they are to allowed to.B.When they feel tired and sleepy

C.When they stop breathing eventually      D.When they are seriously ill in bed

70.The Americans know the places of battles and monuments ___________.

A.by driving there in person      B.when they are on the tour bus

C.from books and magazines      D.by visiting them

71.Why does the writer write this passage?

A.To tell people the Americans are illiterate

B.To prove the Americans to be a queer nation

C.To make fun of the American way of life

D.To give the readers information about USA

问答题 简答题