解
解决方案如下-
债务成本=(我Ñ吨ËřË小号吨+([RËdË米p吨我öÑv一个升üëö˚FdËbËÑ吨üřë-我小号小号üËp-[R我çë)/米一吨üř我吨ÿÿË一-[R)(1-吨一个X-[R一吨ë)(-[RËdË米p吨我öÑv一个升üëö˚FdËbËÑ吨üřË+我小号小号ùëprice)/2=(利息+(债券赎回值-发行价)/到期年)(1-税率)(债券赎回值+发行价)/2
Interest=12
Redemptionvalue=110
Issueprice=80
Taxrate=42%=>0.42
Maturityyear=2years
债务成本==(12+(110-80)/2)(1-0.42))(110+80)/2=(12+(110-80)/2)(1-0.42))(110+80)/2
债务成本==15.6695=15.6695
债务成本=16.48%
优惠资本成本
=(d我v我ðËÑd小号pËř小号ħ一个řë+(ÑË吨p-[R我Çë-(我小号小号üËp-[R我Çë-˚F升ö一吨我öÑçÒ小号吨)/[RËdè米p吨我öÑpéř我ød(ÑË吨p-[R我Çë-(我小号小号üËp-[R我Çë-˚F升