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CFA问答
CFA问答包含CFA在线课程、CFA通关课程、CFA试题等所有CFA相关问题,每个问题老师均会在24小时内给出答疑回复哦!
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老师您好, 下图是题目信息. 问题1: 有个选项的解释说: F-statistic in Exhibit 2 confirms this lack of explanatory power. 我想请问下这个怎么看? 我不是太明白这个 问题2: Significance of F 是指什么? 谢谢!
Hello, instructor. I do not understand the meaning of the sentence that "coefficient of determination measures the fraction of the total variation in the dependent variable that is explained by the independent variable". could you please explain again? Thanks.
已回答12. Trumpit Resorts Company currently has 1.2 million common shares of stock outstanding and the stock has a beta of 2.2. It also has $10 million face value of bonds that have five years remaining to maturity and 8 percent coupon with semi-annual payments, and are priced to yield 13.65 percent. If Trumpit issues up to $2.5 million of new bonds, the bonds will be priced at par and have a yield of 13.65 percent; if it issues bonds beyond $2.5 million, the expected yield on the entire issuance will be 16 percent.。Trumpit has learned that it can issue new common stock at $10 a share. The current risk-free rate of interest is 3 percent and the expected market return is 10 percent. Trumpit’s marginal tax rate is 30 percent. If Trumpit raises $7.5 million of new capital while maintaining the same debt-to-equity ratio, its weighted average cost of capital is closest to: A. 14.5 percent. B. 15.5 percent. C. 16.5 percent. 麻烦老师帮忙讲解一下,谢谢!
已解决8. The Gearing Company has an after-tax cost of debt capital of 4 percent, a cost of preferred stock of 8 percent, a cost of equity capital of 10 percent, and a weighted average cost of capital of 7 percent. Gearing intends to maintain its current capital structure as it raises additional capital. In making its capital-budgeting decisions for the average-risk project, the relevant cost of capital is: A. 4 percent. B. 7 percent. C. 8 percent. 麻烦老师讲解一下,谢谢!
已解决Additional information: Equity risk premium, Sweden 4.82 percent Risk-free rate of interest, Sweden 4.25 percent Industry debt-to-equity ratio 0.3 Market value of Kruspa’s debt €900 million Market value of Kruspa’s equity €2.4 billion Kruspa’s equity beta 1.3 Kruspa’s before-tax cost of debt 9.25 percent China credit A2 country risk premium 1.88 percent Corporate tax rate 37.5 percent Interest payments each year Level 13. Using the capital asset pricing model, Kruspa’s cost of equity capital for its typical project is closest to: A. 7.62 percent. B. 10.52 percent. C. 12.40 percent. 请老师帮我讲解一下,我找不到公式Ks=rf+beta(rm-rf)中的rm是哪个?谢谢!
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