1998עʦԡ

1998עʦȫͳһԲɱο
һѡ

1.D2.B3.C4.A5.D6.D7.C8.D9.A10.C11.D12.B13.B14.D15.C

ѡ

1.BDE2.ABCD3.ABC4.ACDE5.ABCD
6.ABCDE7.DE8.ABE9.AD10.BCDE

ж

1-5.̡̡

ġ

1.𣺾ϣͶҵӦʹòͶʱʺʣָꡣ
(1)Ͷʱ=Ӫҵ/ӪҵʲA=19/90=21.11%
B=20/100=20%
C=18/100=18%
(2)ʣ=Ӫҵ-Ӫҵʲ-ʱɱ
A=19-9016%=4.6
B=20-10016%=4
C=18-10016%=2
ˣΪAãB֮C

2.(1)ö=2ɱ(ۡɱٷ)(˵:Ҫ)
=23000060(10030%)(˵:Ҫ) =356=300(λ)
(2)ٶ=ƽ ȫ=30000/36015 150=1250 750=2000(λ
(3)ռʽ=ɹ2 ȫ=3002100 750100
=15000 75000=90000(Ԫ)

3.(1)ÿӯ=˰·й=1000500=2(Ԫ/)
Ʊֵ=212=24(Ԫ)
(2)ܶ=˰֧=100060%=600(Ԫ)
ÿɹ=600500=1.2(Ԫ/)
(ÿɹ=2Ԫ/ɡ60%=1.2Ԫ/)
Ʊֵ=ÿɹ¹Ʊ=1.24%=30(Ԫ)
(3)Ʊֵ=Ԥ(Ҫ-ɳ)=(260%)(10%-6%)=1.2%4%=30(Ԫ)

4.(1)Ȩʱ=3(1-30%)=2.1(Ԫ)ＯȨʽ=2.1-0.6=1.5(Ԫ)
(2)м۸=0.4015=6(Ԫ/)
(3)ṫڹ=1.55=0.3(ڹ)ÿӯ=0.45(0.3 0.6)=0.5(Ԫ/)
ӯ=50.5=10()
(4)ṫڹ=0.625%(1-25%)=0.2(ڹ)

5.(1)нɱ=8.93%(1-40%)=5.36%
˵ʱɱھߣȥľծ޹ء
(2)ծȯɱ=18%(1-40%)ݡ£0.85(1-40%)=5.88%
˵гɱDzʡԵģάֲϷծծۼʱ
м۶ֵ㡣
(3)ͨɱɱͱӯɱ
ģ=d1p0 g=0.35(1 7%)ݡ5.5 7%=13.81%
ʱʲģͣ
Ԥڱ=5.5% 1.1(13.5%-5.5%)=14.3%
ͨƽɱ=(13.81% 14.30%)2=14.06%
(4)ӯÿɾ=(0.3525%)(1 7%)=1.498(Ԫ/)
ӯ=1.498400(1-25%) 420=869.4(Ԫ)
Ȩƽɱ

1.(1)1996ͬҵƽȽϣ
˾ʲ=۾ʡʲתʡȨ=
7.2%1.111(1-50%)=15.98%
ҵƽʲ=6.27%1.141(1-58%)=17.01%
۾ʸͬҵˮƽ0.93%ԭǣ۳ɱʵ(2%)ëʸ(2%)
Ϣ(2.4%)ͬҵ(3.73%)(1.33%)
ʲתԵͬҵˮƽ(0.03)ҪԭӦʿս
Ȩͬҵˮƽ为ծ١
(2)19971996Ƚϣ
1996꾻ʲ=7.2%1.112=15.98%
1997꾻ʲ=6.81%1.071(1-61.3%)=18.80%
۾ʵ1996(0.39%)ҪԭϢ(1.4%)
ʲת½Ҫԭǹ̶ʲʹת½
ȨӣԭǸծӡ

2.(1)NPV(4)=ÿֵֽ ֵֵ ʧ˰ֵ-ԭʼͶ
=500(1-33%) 3000(1-10%)5ݡ3.170 3000.683 3000(1-10%)533%0.683-3000
=100.36(Ԫ)
NPV(3)=8752.487 3000.751 54020.330.751-3000=-330.92(Ԫ)
n=3 330.92(330.92 100.36)=3.77()
(2)ǵûġΪֽʱﵽ3.77귽ΪС

3.(1)ȷϢ
ֽ룺Ӧʿת=1260144=8.75()
ĩӦʿ=15128.75=172.8(Ԫ)
ֽ=1512 144-172.8=1483.2(Ԫ)
ֽ
ĩӦʿ=1512(80%-5%)2461008=276.75(Ԫ)
֧=151275% 246-276.75=1103.25(Ԫ)
֧=1512631260 (63 20)=158.6(Ԫ)
ù̶ʲ֧220(Ԫ)
Ԥ˰30(Ԫ)
ֽϼ1511.85(Ԫ)
ֽ(14 1483.2-1511.85)-14.65(Ԫ)
40(Ԫ)
Ϣ֧(200 40)10200=12(Ԫ)
ĩֽ13.35(Ԫ)

(2)Ԥ˰
1512(Ԫ)
ɱ1512(80%-5%) 1134(Ԫ)
ë 378(Ԫ)
Ӫ͹ѣ
䶯(1512631260) 75.6(Ԫ)
̶(63 20) 83(Ԫ)
۾ 30 (Ԫ)
Ӫҵ 189.4(Ԫ)
Ϣ 12(Ԫ)
ܶ 177.4(Ԫ)
˰ 30(Ԫ)
˰ 147.4(Ԫ)

(3)Ԥÿӯ
ÿӯ=147.4/500=0.29(Ԫ/)