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某企業(yè)原有總資本1000萬(wàn)元,其中權(quán)益資本普通股6000萬(wàn)
![](https://member.chinaacc.com/homes/resources/images/home/avatar/8.jpg)
![](/wenda/_nuxt/img/iconWarn.60bd4fe.jpg)
![](https://pic1.acc5.cn/010/08/79/95_avatar_middle.jpg?t=1733968385)
你好,題目的要求是做什么?
2020 12/17 09:01
![](http://member.chinaacc.com/homes/resources/images/home/avatar/8.jpg)
84784968 ![](/wenda/_nuxt/img/reply1.d92ea43.png)
![](/wenda/_nuxt/img/reply1.d92ea43.png)
2020 12/17 09:01
方案的綜合資本成本
![](https://pic1.acc5.cn/010/08/79/95_avatar_middle.jpg?t=1733968385)
暖暖老師 ![](/wenda/_nuxt/img/reply2.28c7604.png)
![](/wenda/_nuxt/img/reply2.28c7604.png)
2020 12/17 09:05
三個(gè)方案的分別得嗎還是?
![](http://member.chinaacc.com/homes/resources/images/home/avatar/8.jpg)
84784968 ![](/wenda/_nuxt/img/reply1.d92ea43.png)
![](/wenda/_nuxt/img/reply1.d92ea43.png)
2020 12/17 09:05
是的是的
![](https://pic1.acc5.cn/010/08/79/95_avatar_middle.jpg?t=1733968385)
暖暖老師 ![](/wenda/_nuxt/img/reply2.28c7604.png)
![](/wenda/_nuxt/img/reply2.28c7604.png)
2020 12/17 09:07
原來(lái)長(zhǎng)期借款的資本成本是
8%*(1-25%)*100%=6%
![](https://pic1.acc5.cn/010/08/79/95_avatar_middle.jpg?t=1733968385)
暖暖老師 ![](/wenda/_nuxt/img/reply2.28c7604.png)
![](/wenda/_nuxt/img/reply2.28c7604.png)
2020 12/17 09:09
A方案長(zhǎng)期債券資本成本是
12%*(1-25%)*100%=9%
普通資本成本是1/8*100%=12.5%
![](https://pic1.acc5.cn/010/08/79/95_avatar_middle.jpg?t=1733968385)
暖暖老師 ![](/wenda/_nuxt/img/reply2.28c7604.png)
![](/wenda/_nuxt/img/reply2.28c7604.png)
2020 12/17 09:10
綜合資本成本的計(jì)算是
(6000*12.5%+4000*6%+5000*9%)/(10000+5000)*100%=9.6%
![](https://pic1.acc5.cn/010/08/79/95_avatar_middle.jpg?t=1733968385)
暖暖老師 ![](/wenda/_nuxt/img/reply2.28c7604.png)
![](/wenda/_nuxt/img/reply2.28c7604.png)
2020 12/17 09:12
B方案優(yōu)先股的資本成本是3000*14%/3000=14%
銀行存款的資本成本是10%*(1-25%)=7.5%
![](https://pic1.acc5.cn/010/08/79/95_avatar_middle.jpg?t=1733968385)
暖暖老師 ![](/wenda/_nuxt/img/reply2.28c7604.png)
![](/wenda/_nuxt/img/reply2.28c7604.png)
2020 12/17 09:14
綜合資本成本的計(jì)算是
(6000*10%+4000*6%+3000*14%+2000*7.5%)/(10000+5000)*100%=9.4%
![](https://pic1.acc5.cn/010/08/79/95_avatar_middle.jpg?t=1733968385)
暖暖老師 ![](/wenda/_nuxt/img/reply2.28c7604.png)
![](/wenda/_nuxt/img/reply2.28c7604.png)
2020 12/17 09:14
方案3普通股的資本成本是1/10*100%=10%
![](https://pic1.acc5.cn/010/08/79/95_avatar_middle.jpg?t=1733968385)
暖暖老師 ![](/wenda/_nuxt/img/reply2.28c7604.png)
![](/wenda/_nuxt/img/reply2.28c7604.png)
2020 12/17 09:15
綜合資本成本的計(jì)算是
(6000*10%+4000*6%+5000*10%)/(10000+5000)*100%=8.93%
![](/wenda/img/newWd/sysp_btn_eye.png)