問(wèn)題已解決
為什么增發(fā)新的普通股會(huì)改變?cè)械钠胀ü傻馁Y本成本?
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增發(fā)新的普通股不會(huì)改變?cè)械钠胀ü少Y本成本,如果是計(jì)算加權(quán)平均資本成本,要注意原有的普通股權(quán)重改變,再乘以原有普通股的資本成本。
2022 07/27 11:58
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2022 07/27 12:09
原來(lái)的股7000股資本成本10% ,新發(fā)了4000股資本成本12%,加權(quán)的時(shí)候就變成(7000+4000)/總的24000*12%了
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財(cái)管老師 
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2022 07/27 14:33
您這是哪里的題目,老師去看一下,應(yīng)該是不會(huì)改變資本成本的。
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2022 07/27 14:55
必刷550題的第269題算加權(quán)平均資本成本里面答案就是這樣的
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財(cái)管老師 
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2022 07/27 15:00
您說(shuō)的是B方案嗎,題目中B方案直接告知了增發(fā)新股會(huì)增加兩個(gè)百分點(diǎn),就按題目要求的計(jì)算即可。
沒(méi)有告知,默認(rèn)是不變的。
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2022 07/27 15:07
是的,兩個(gè)點(diǎn)我知道,你看第三問(wèn)要求計(jì)算兩個(gè)方案的加權(quán)平均資本成本的時(shí)候B方案的普通股資本成本變成了(7000+4000)/240000*(10%+2%)
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2022 07/27 15:08
題目告知增加兩個(gè)百分點(diǎn),是增發(fā)新股的資本成本啊,怎么會(huì)影響原來(lái)的10%
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財(cái)管老師 
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2022 07/27 15:35
題目告知了普通股資本成本增加兩個(gè)百分點(diǎn),就是所有的普通股都是用這一個(gè)資本成本,資本成本是不分開(kāi)的。
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2022 07/27 18:35
前面借款12000資本成本是8%后面4000資本成本是11.47%加權(quán)的時(shí)候各自乘以各自的,為什么普通股就是全部的呢?
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2022 07/27 18:35
前面借款12000資本成本是8%后面4000資本成本是11.47%加權(quán)的時(shí)候各自乘以各自的,為什么普通股就是全部的呢?
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財(cái)管老師 
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2022 07/27 19:31
新舊股票是同股同權(quán)、同股同利的,所以資本成本是相同的,發(fā)行新股后,新舊股票的普通股資本成本都是12%了。
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2022 07/27 20:25
好的明白了謝謝老師
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財(cái)管老師 
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2022 07/27 20:26
不客氣,祝您學(xué)習(xí)愉快!
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