问题 问答题

某公司息税前利润为600万元,公司适用的所得税率为33%,公司目前总资金为2000万元,其中80%由普通股资金构成,股票账面价值为1600万元,20%由债券资金构成,债券账面价值为400万元,假设债券市场价值与其账面价值基本一致。该公司认为目前的资本结构不够合理,准备用发行债券购回股票的办法予以调整。经咨询调查,目前债务利率和权益资金的成本情况见下表:

表1 债务利率与权益资本成本

债券市场价值(万元)债券利率%股票的B系数无风险收益率平均风险股票的必要收益率权益资本成本
4008%1.36%16%A
60010%1.426%B20.2%
80012%1.5C16%21%
100014%2.06%16%D
[要求]
1.填写表1中用字母表示的空格。

答案

参考答案:

债券市场价值(万元)
阅读理解

To master a language one must be able to speak and understand the spoken language as well as to read and write.Lenin and his wife translated a long English book into Russian but when they went to England in 1902, English people couldn't understand a word Lenin and his wife said, and Lenin and his wife couldn't understand what was said to them.This shows the importance of spoken language.

Speaking, of course can't go without listening.If you want to pronounce a word correctly, first you must hear it correctly.The sounds of Chinese and English languages are not exactly the same.If you don't listen carefully, you'll find it difficult or even impossible to understand the native speakers.

Well, what about writing﹖ Like speaking, it's to exchange ideas.People usually use shorter words and shorter sentences in their writing.

The important thing is to make your idea clear in your mind and then to write it in a clear lively language.

Chinese students read too slowly.If you read fast, you understand better.If you read too slowly by the time you have reached to the end of a page you have forgotten what the beginning is about.When you meet with new words don't look them up in the dictionary.Guess the meaning to form the context. You may not guess quite correctly the first time but as new words appear again and again in different context their meaning will become clearer and clearer. If you look up every word you'll never finish a book.

Students of a foreign language need a particular knowledge, the knowledge of the life, history and geography of the people whose language they're studying. They should study those subjects in the foreign language not only in translation.In this way one can kill two birds with one stone: learn a foreign language and get some knowledge of the foreign country at the same time.

小题1:In England Lenin        

A.could be understood by Englishmen

B.could understand Englishmen

C.and Englishmen couldn't understand each other

D.and Englishmen could understand each other小题2:In the first paragraph the writer told us        

A.how to speak English

B.how to read and write

C.why English people couldn't understand the Lenins

D.spoken English is important小题3:In the fifth paragraph the writer advised us on        

A.how to guess the meaning of the words

B.how to read fast

C.how to look up new words in the dictionary

D.how to read carefully小题4:“Kill two birds with one stone” means        

A.to get some particular knowledge

B.to get more than what one pays

C.the stone is very useful

D.the birds are blind enough小题5:In the last paragraph the writer advised us        

A.to kill two birds with one stone

B.to learn two languages at the same time

C.to study all the subjects in a foreign language

D.to get some knowledge of the foreign country whose language we are studying