問題已解決
奶茶店預期投資50萬元,每年投資收益10%,投資的資金靠銀行貸款解決,預期貸款利率為5%,期限1年,奶茶店每年為小辣椒創(chuàng)造7萬元的自由現(xiàn)金流入。⑤如果同類型奶茶店的加權平均資本成本為10%,計算奶茶店的凈現(xiàn)值是多少?
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同學你好,我給你解答,請稍等
2024 01/06 17:12
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2024 01/06 17:15
同學你好,相當永續(xù)年金現(xiàn)值。請看圖片答案
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2024 01/06 17:21
apple老師你好 -50*5%/(1+10%)是什么來的啊
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2024 01/06 17:25
同學你好,題目說了貸款投資的,
貸款期限是 1 年。
利息 5%
第一年末還要支付一個利息費用=50*0.05=2.5
折現(xiàn)到第一年初 就等于 2.5/1.1=2.27
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2024 01/06 17:29
apple老師您好 那為什么是7/10%,而不是除以(1+10%)啊
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2024 01/06 17:34
每年都可以帶來 7 萬的自由現(xiàn)金流量,相當于第一年就開始流入,且永續(xù)流入,沒有年限限制。所以,利用永續(xù)年金現(xiàn)值公式 折現(xiàn)到第一年初。7/0.1=70
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2024 01/06 17:35
利息是一次性的支出,且在第一年末,而 7 萬是永續(xù)的流入,相當于無數(shù)個現(xiàn)金流入,兩個的計算思路是不一樣的
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2024 01/06 17:38
好的~謝謝Apple老師的解惑~~
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2024 01/06 18:06
不客氣。同學,學習辛苦了
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