公司金融知到智慧樹章節(jié)測試課后答案2024年秋首都經(jīng)濟貿(mào)易大學

公司金融知到智慧樹章節(jié)測試課后答案2024年秋首都經(jīng)濟貿(mào)易大學第一章單元測試

TheBluebirdCompanyhasa$10,000liabilityitmustpaythreeyearsfromtoday.

Thecompanyisopeningasavingsaccountsothattheentireamountwillbeavailablewhenthisdebtneedstobepaid.Theplanistomakeaninitialdeposittodayandthendepositanadditional$2,500ayearforthenextthreeyears,startingoneyearfromtoday.Theaccountpaysa3%rateofreturn.HowmuchdoestheBluebirdCompanyneedtodeposittoday?（）

A:$2,079.89

B:$1,867.74

C:$4,276.34

D:$3,108.09

答案:$2,079.89

Suzetteisgoingtoreceive$10,000todayastheresultofaninsurancesettlement.Inaddition,shewillreceive$15,000oneyearfromtodayand$25,000twoyearsfromtoday.Sheplansonsavingallofthismoneyandinvestingitforherretirement.IfSuzettecanearnanaverageof11%onherinvestments,howmuchwillshehaveinheraccountifsheretires25yearsfromtoday?（）

A:$595,098.67

B:$536,124.93

C:$546,072.91

D:$541,414.14

答案:$595,098.67

Youareinvesting$100todayinasavingsaccountatyourlocalbank.Whichoneofthefollowingtermsreferstothevalueofthisinvestmentoneyearfromnow?（）

A:presentvalue

B:principalamounts

C:futurevalue

D:discountedvalue

答案:futurevalue

Sarainvested$500sixyearsagoat5percentinterest.Shespendsherearningsassoonassheearnsanyinterestsosheonlyreceivesinterestonherinitial$500investment.WhichtypeofinterestisSaraearning?

A:freeinterestB:complexinterestC:interestoninterestD:simpleinterest

答案:simpleinterestShelleywonalotteryandwillreceive$1,000ayearforthenexttenyears.Thevalueofherwinningstodaydiscountedatherdiscountrateiscalledwhichoneofthefollowing?（）

A:singleamount

B:presentvalue

C:futurevalue

D:simpleamount

答案:presentvalue

Whichoneofthefollowingwillproducethehighestpresentvalueinterestfactor?（）

A:6percentinterestfortenyears

B:6percentinterestforeightyears

C:6percentinterestforfiveyears

D:8percentinterestforfiveyears

答案:6percentinterestforfiveyears

Whichoneofthefollowingtermsisdefinedasaconflictofinterestbetweenthecorporateshareholdersandthecorporatemanagers?（）

A:articlesofincorporation

B:bylaws

C:corporatebreakdown

D:agencyproblem

答案:agencyproblem

Whichoneofthefollowingisacapitalbudgetingdecision?（）

A:decidingwhetherornottopurchaseanewmachinefortheproductionline

B:decidinghowtorefinanceadebtissuethatismaturing

C:determininghowmanysharesofstocktoissue

D:determininghowmuchinventorytokeeponhand

答案:decidingwhetherornottopurchaseanewmachinefortheproductionline

Whichofthefollowingquestionsareaddressedbyfinancialmanagers?（）

A:Shouldcustomersbegiven30or45daystopayfortheircreditpurchases?

B:Shouldthefirmacquirenewequipment?

C:Howshouldaproductbemarketed?

D:Shouldthefirmborrowmoremoney?

答案:Shouldcustomersbegiven30or45daystopayfortheircreditpurchases?

；Shouldthefirmacquirenewequipment?

；Shouldthefirmborrowmoremoney?

Whichofthefollowingshouldafinancialmanagerconsiderwhenanalyzingacapitalbudgetingproject?()

A:dependabilityoffuturecashflows

B:timingofallprojectedcashflows

C:projectstartupcosts

D:dollaramountofeachprojectedcashflow

答案:dependabilityoffuturecashflows

；timingofallprojectedcashflows

；projectstartupcosts

；dollaramountofeachprojectedcashflow

第二章單元測試

Theformulawhichbreaksdownthereturnonequityintothreecomponentpartsisreferredtoaswhichoneofthefollowing?()

A:SICformula

B:DuPontidentity

C:profitabilitydeterminant

D:equityequation

答案:DuPontidentity

Afirmuses2008asthebaseyearforitsfinancialstatements.Thecommon-size,base-yearstatementfor2009hasaninventoryvalueof1.08.Thisisinterpretedtomeanthatthe2009inventoryisequalto108percentofwhichoneofthefollowing?()

A:2008totalassets

B:2008inventoryexpressedasapercentof2008totalassets

C:2009totalassets

D:2008inventory

答案:2008inventoryexpressedasapercentof2008totalassets

Ifafirmhasadebt-equityratioof1.0,thenitstotaldebtratiomustbewhichoneofthefollowing?()

A:0.0

B:1.0

C:1.5

D:0.5

答案:0.5

Whichoneofthefollowingwilldecreaseifafirmcandecreaseitsoperatingcosts,allelseconstant?()

A:returnonequity

B:profitmargin

C:returnonassets

D:price-earningsratio

答案:price-earningsratio

Duringtheyear,KitchenSupplyincreaseditsaccountsreceivableby$130,decreaseditsinventoryby$75,anddecreaseditsaccountspayableby$40.Howdidthesethreeaccountsaffectthefirm'scashflowsfortheyear?()

A:$95sourceofcash

B:$165useofcash

C:$245useofcash

D:$95useofcash

答案:$95useofcash

Afirmgeneratednetincomeof$878.Thedepreciationexpensewas$47anddividendswerepaidintheamountof$25.Accountspayablesdecreasedby$13,accountsreceivablesincreasedby$22,inventorydecreasedby$14,andnetfixedassetsdecreasedby$8.Therewasnointerestexpense.Whatwasthenetcashflowfromoperatingactivity?()

A:$922

B:$902

C:$904

D:$876

答案:$904

TheBikeShoppaid$2,310ininterestand$1,850individendslastyear.Thetimesinterestearnedratiois2.2andthedepreciationexpenseis$460.Whatisthevalueofthecashcoverageratio?()

A:2.40

B:2.21

C:1.67

D:1.80

答案:2.40

CanineSupplyhassalesof$2,200,totalassetsof$1,400,andadebt-equityratioof0.3.Itsreturnonequityis15percent.Whatisthenetincome?()

A:$156.67

B:$138.16

C:$152.09

D:$141.41

E:$161.54

答案:$161.54

Whichoneofthefollowingtermsisappliedtothefinancialplanningmethodwhichusestheprojectedsaleslevelasthebasisfordeterminingchangesinbalancesheetandincomestatementaccountvalues?()

A:common-sizemethod

B:percentageofsalesmethod

C:salesdilutionmethod

D:salesreconciliationmethod

答案:percentageofsalesmethod

Financialplanning:()

A:considersmultipleoptionsandscenariosforthenexttwotofiveyears.

B:isaprocessthatfirmsemployonlywhenmajorchangestoafirm'soperationsareanticipated.

C:focusessolelyontheshort-termoutlookforafirm.

D:isaprocessthatfirmsundergoonceeveryfiveyears.

答案:considersmultipleoptionsandscenariosforthenexttwotofiveyears.

Afirmiscurrentlyoperatingatfullcapacity.Networkingcapital,costs,andallassetsvarydirectlywithsales.Thefirmdoesnotwishtoobtainanyadditionalequityfinancing.Thedividendpayoutratioisconstantat40percent.Ifthefirmhasapositiveexternalfinancingneed,thatneedwillbemetby:()

A:retainedearnings.

B:accountspayable.

C:fixedassets.

D:long-termdebt.

答案:long-termdebt.

Whichoneofthefollowingwillcausethesustainablegrowthratetoequaltointernalgrowthrate?()

A:equitymultiplierof1.0

B:debt-equityratioof1.0

C:retentionratiobetween0.0and1.0

D:dividendpayoutratiogreaterthan1.0

答案:equitymultiplierof1.0

Afirmhasaretentionratioof45percentandasustainablegrowthrateof6.2percent.Thecapitalintensityratiois1.2andthedebt-equityratiois0.64.Whatistheprofitmargin?()

A:7.67percent

B:14.63percent

C:9.47percent

D:6.28percent

答案:14.63percent

TheSoccerShoppehasa7percentreturnonassetsanda25percentpayoutratio.Whatisitsinternalgrowthrate?()

A:3.72percent

B:5.54percent

C:4.08percent

D:4.49percent

答案:5.54percent

Anincreaseinwhichofthefollowingwillincreasethereturnonequity,allelseconstant?()

A:depreciation

B:sales

C:totalequity

D:netincome

答案:sales

；netincome

第三章單元測試

AcceptingpositiveNPVprojectsbenefitsthestockholdersbecause:（）。

A:itisthemosteasilyunderstoodvaluationprocess.

B:thepresentvalueoftheexpectedcashflowsareequaltothecost.

C:thepresentvalueoftheexpectedcashflowsaregreaterthanthecost.

D:itisthemosteasilycalculated.

答案:thepresentvalueoftheexpectedcashflowsaregreaterthanthecost.

Thepaybackperiodrule:（）。

A:discountscashflows.

B:ignoresinitialcost.

C:alwaysusesallpossiblecashflowsinitscalculation.

D:Thecashflowafterthepaybackperiodisignored.

答案:Thecashflowafterthepaybackperiodisignored.AprojectwillhavemorethanoneIRRif:（）。

A:thecashflowpatternexhibitsmorethanonesignchange.

B:theIRRispositive.

C:theNPViszero.

D:theIRRisnegative.

答案:thecashflowpatternexhibitsmorethanonesignchange.

Whatisthenetpresentvalueofaprojectwiththefollowingcashflowsandarequiredreturnof12%?

A:$177.62B:$204.36C:-$177.62D:-$287.22

答案:-$177.62Thelengthoftimerequiredforaproject'sdiscountedcashflowstoequaltheinitialcostoftheprojectiscalledthe:

（）

A:internalrateofreturnB:discountedpaybackperiodC:paybackperiodD:netpresentvalue

答案:discountedpaybackperiod

第四章單元測試

JamestownLtd.currentlyproducesboatsailsandisconsideringexpandingitsoperationstoincludeawningsforhomesandtraveltrailers.Thecompanyownslandbesideitscurrentmanufacturingfacilitythatcouldbeusedfortheexpansion.Thecompanyboughtthislandtenyearsagoatacostof$250,000.Today,thelandisvaluedat$425,000.Thegradingandexcavationworknecessarytobuildonthelandwillcost$15,000.Thecompanycurrentlyownssomeunusedequipmentvaluedat$60,000.Thisequipmentcouldbeusedforproducingawningsif$5,000isspentforequipmentmodifications.Otherequipmentcosting$780,000willalsoberequired.Whatistheamountoftheinitialcashflowforthisexpansionproject?（）。

A:$1,110,000

B:$1,285,000

C:$800,000

D:$1,050,000

答案:$1,285,000

WalksSoftly,Inc.sellscustomizedshoes.Currently,itsells10,000pairsofshoesannuallyatanaveragepriceof$68apair.Itisconsideringaddingalower-pricedlineofshoeswhichsellfor$49apair.WalksSoftlyestimatesitcansell5,000pairsofthelower-pricedshoesbutwillsell1,000lesspairsofthehigher-pricedshoesbydoingso.Whatistheamountofthesalesthatshouldbeusedwhenevaluatingtheadditionofthelower-pricedshoes?（）。

A:$789,000

B:$177,000

C:$313,000

D:$245,000

答案:$177,000

Jamie'sMotorHomeSalescurrentlysells1,000ClassAmotorhomes,2,500ClassCmotorhomes,and4,000pop-uptrailerseachyear.Jamieisconsideringaddingamid-rangecamperandexpectsthatifshedoessoshecansell1,500ofthem.However,ifthenewcamperisadded,JamieexpectsthatherClassAsaleswilldeclineto950unitswhiletheClassCcampersdeclineto2,200.Thesalesofpop-upswillnotbeaffected.ClassAmotorhomessellforanaverageof$125,000each.ClassChomesarepricedat$39,500andthepop-upssellfor$5,000each.Thenewmid-rangecamperwillsellfor$47,900.Whatistheerosioncost?（）。

A:$93,150,000

B:$18,100,000

C:$6,250,000

D:$53,750,000

答案:$18,100,000

Ernie'sElectricalisevaluatingaprojectwhichwillincreasesalesby$50,000andcostsby$30,000.Theprojectwillcost$150,000andwillbedepreciatedstraight-linetoazerobookvalueoverthe10yearlifeoftheproject.Theapplicabletaxrateis34%.Whatistheoperatingcashflowforthisproject?（）。

A:$8,300

B:$3,300

C:$5,000

D:$18,300

答案:$18,300

Ben'sBorderCaféisconsideringaprojectwhichwillproducesalesof$16,000andincreasecashexpensesby$10,000.Iftheprojectisimplemented,taxeswillincreasefrom$23,000to$24,500anddepreciationwillincreasefrom$4,000to$5,500.Whatistheamountoftheoperatingcashflowusingthetop-downapproach?（）。

A:$7,500

B:$6,000

C:$4,500

D:$4,000

答案:$4,500

Scenarioanalysisisdefinedasthe:()

A:determinationofchangesinNPVestimateswhenwhat-ifquestionsareposed.

B:separationofaproject'ssunkcostsfromitsopportunitycosts.

C:determinationoftheinitialcashoutlayrequiredtoimplementaproject.

D:isolationoftheeffectthatasinglevariablehasontheNPVofaproject.

答案:determinationofchangesinNPVestimateswhenwhat-ifquestionsareposed.

Ananalysisofthechangeinaproject'sNPVwhenasinglevariableischangediscalled_____analysis.()

A:forecasting

B:simulation

C:sensitivity

D:scenario

答案:sensitivity

Ananalysiswhichcombinesscenarioanalysiswithsensitivityanalysisiscalled_____analysis.()

A:forecasting

B:combined

C:complex

D:simulation

答案:simulation

Bydefinition,whichoneofthefollowingmustequalzeroattheaccountingbreak-evenpoint?()

A:contributionmargin

B:netincome

C:netpresentvalue

D:internalrateofreturn

答案:netincome

Bydefinition,whichoneofthefollowingmustequalzeroatthecashbreak-evenpoint?()

A:operatingcashflow

B:netincome

C:netpresentvalue

D:internalrateofreturn

答案:operatingcashflow

WhichoneofthefollowingisdefinedasthesaleslevelthatcorrespondstoazeroNPV?()

A:cashbreak-even

B:financialbreak-even

C:accountingbreak-even

D:marginalbreak-even

答案:financialbreak-even

followingchangesthatsheisconsideringwillhelpthatprojectproduceapositiveNPVinstead?Considereachchangeindependently.（）

A:decreasethelaborhoursneededtoproduceoneunit

B:increasethequantitysold

C:increasethesalesprice

D:decreasethefixedleasingcostforequipment

答案:decreasethelaborhoursneededtoproduceoneunit

；increasethequantitysold

；increasethesalesprice

；decreasethefixedleasingcostforequipment

第五章單元測試

Maryjustpurchasedabondwhichpays$60ayearininterest.Whatisthis$60called?（）

A:callpremium

B:facevalue

C:discount

D:coupon

答案:coupon

Thecurrentyieldisdefinedastheannualinterestonabonddividedbywhichoneofthefollowing?()

A:dirtyprice

B:facevalue

C:coupon

D:marketprice

答案:marketprice

Thespecifieddateonwhichtheprincipalamountofabondispayableisreferredtoaswhichoneofthefollowing?()

A:maturity

B:dirtydate

C:coupondate

D:yielddate

答案:maturity

Abondisquotedatapriceof$989.Thispriceisreferredtoaswhichoneofthefollowing?()

A:dirtyprice

B:callprice

C:cleanprice

D:facevalue

答案:cleanprice

TheWalthersCompanyhasasemi-annualcouponbondoutstanding.Anincreaseinthemarketrateofinterestwillhavewhichoneofthefollowingeffectsonthisbond?（）

A:increasethemarketprice

B:increasethecouponrate

C:decreasethemarketprice

D:decreasethecouponrate

答案:decreasethemarketprice

ThecommonstockofEddie'sEngines,Inc.sellsfor$25.71ashare.Thestockisexpectedtopay$1.80persharenextmonthwhentheannualdividendisdistributed.Eddie'shasestablishedapatternofincreasingitsdividendsby4%annuallyandexpectstocontinuedoingso.Whatisthemarketrateofreturnonthisstock?（）。

A:11%

B:13%

C:7%

D:9%

答案:11%

SharesofcommonstockoftheSamsonCo.offeranexpectedtotalreturnof12%.Thedividendisincreasingataconstant8%peryear.Thedividendyieldmustbe:（）。

A:-4%.

B:4%.

C:8%.

D:12%.

答案:8%.

Wilbert'sClothingStoresjustpaida$1.20annualdividend.Thecompanyhasapolicywherebythedividendincreasesby2.5%annually.Youwouldliketopurchase100sharesofstockinthisfirmbutrealizethatyouwillnothavethefundstodosoforanotherthreeyears.Ifyoudesirea10%rateofreturn,howmuchshouldyouexpecttopayfor100shareswhenyoucanaffordtobuythisstock?Ignoretradingcosts.（）。

A:$1,723

B:$1,681

C:$1,766

D:$1,640

答案:$1,766

Lastweek,RailwayCaboosespaiditsannualdividendof$1.20pershare.Thecompanyhasbeenreducingthedividendsby10%eachyear.Howmuchareyouwillingtopaytopurchasestockinthiscompanyifyourrequiredrateofreturnis14%?（）。

A:$15.60

B:$7.71

C:$4.50

D:$10.80

答案:$4.50

WhichofthefollowingamountsisclosesttowhatshouldbepaidforOverlandcommonstock?Overlandhasjustpaidadividendof$2.25.Thesedividendsareexpectedtogrowatarateof5%intheforeseeablefuture.Therequiredrateofreturnis11%.（）。

A:$39.38

B:$20.45

C:$21.48

D:$37.50

答案:$39.38

Abondhasamarketpricethatexceedsitsfacevalue.Whichofthefollowingfeaturescurrentlyapplytothisbond?()

A:premiumprice

B:yield-to-maturitythatislessthanthecouponrate

C:yield-to-maturitythatexceedsthecouponrate

D:discountedprice

答案:premiumprice

；yield-to-maturitythatislessthanthecouponrate

Whichofthefollowingrelationshipsapplytoaparvaluebond?（）

A:marketprice=facevalue

B:marketprice=callprice

C:couponrate＜yield-to-maturity

D:currentyield=yield-to-maturity

答案:marketprice=facevalue

；currentyield=yield-to-maturity

第六章單元測試

根據(jù)CAPM模型，貝塔值為1.0，阿爾法值為0的資產(chǎn)組合預期收益率為：（）

A:β(rM—rf)

B:無風險利率rf

C:市場預期收益率rM

D:在rM和rf之間

答案:市場預期收益率rM

某個證券的市場風險貝塔，等于（）。

A:該證券收益與市場收益的協(xié)方差除以市場收益的方差

B:該證券收益的方差除以市場收益的方差

C:該證券收益與市場收益的協(xié)方差除以市場收益的標準差

D:該證券收益的方差除以它與市場收益的協(xié)方差

答案:該證券收益與市場收益的協(xié)方差除以市場收益的方差

證券市場線是（）。

A:表示出了期望收益與貝塔關系的線

B:與所有風險資產(chǎn)有效邊界相切的線

C:對充分分散化的資產(chǎn)組合，描述期望收益與貝塔的關系

D:也叫資本市場線

答案:表示出了期望收益與貝塔關系的線

你投資了600美元于證券A，其貝塔值為1.2；投資400美元于證券B，其貝塔值為-0.20。資產(chǎn)組合的貝塔值為()。

A:1.00

B:0.64

C:1.40

D:0.36

答案:0.64

有兩個模型，其中描述了所有資產(chǎn)都遵循的期望收益率-貝塔值之間的關系，則提出這個關系僅有少量證券不遵守，其余大多數(shù)仍是成立的。（）

A:APT，OPM

B:CAPM，APT

C:CAPM，OPM

D:APT，CAPM

答案:CAPM，APT

套利定價理論中，一個充分分散風險的資產(chǎn)組合，組成證券數(shù)目越多，非系統(tǒng)風險就越接近()。

A:-1

B:0

C:1

D:無窮大

答案:0

考慮多因素APT模型。因素組合1和因素組合2的風險溢價分別為5%和3%。無風險利率為10%。股票A的期望收益率為19%，對因素1的貝塔值為0.8。那么股票A對因素2的貝塔值為()。

A:1.5

B:2.00

C:1.67

D:1.33

答案:1.67

哪個模型沒有說明如何確定因素資產(chǎn)組合的風險溢價？()

A:CAPM和多因素APT

B:CAPM

C:多因素APT

D:CAPM和多因素APT都不是

答案:多因素APT

與CAPM模型相比，套利定價理論：()

A:指明數(shù)量并確定那些能夠決定期望收益率的特定因素。

B:不要求關于市場資產(chǎn)組合的限制性假定

C:使用以微觀變量為基礎的風險溢價。

D:要求市場均衡。

答案:不要求關于市場資產(chǎn)組合的限制性假定

關于資本市場線，哪種說法不正確？（）

A:資本市場線也叫作證券市場線

B:資本市場線是可達到的最好的市場配置線

C:資本市場線通過無風險利率和市場資產(chǎn)組合兩個點

D:資本市場線斜率總為正

答案:資本市場線也叫作證券市場線

第七章單元測試

AgroupofindividualsgottogetherandpurchasedalloftheoutstandingsharesofcommonstockofMoutaiInc.Whatisthereturnthattheseindividualsrequireonthisinvestmentcalled?(）

A:dividendyield

B:costofcapital

C:costofequity

D:capitalgainsyield

答案:costofequity

TextileMillsborrowsmoneyatarateof13.5percent.Thisinterestrateisreferredtoasthe:()

A:compoundrate.

B:costofdebt.

C:capitalgainsyield.

D:currentyield.

答案:costofdebt.

Theaverageofafirm'scostofequityandaftertaxcostofdebtthatisweightedbasedonthefirm'scapitalstructureiscalledthe:（）

A:structuredcostofcapital.

B:weightedaveragecostofcapital.

C:weightedcapitalgainsrate.

D:rewardtoriskratio.

答案:weightedaveragecostofcapital.

Thecostofequityforafirm:（）

A:equalstherisk-freerateplusthemarketriskpremium.

B:tendstoremainstaticforfirmswithincreasinglevelsofrisk.

C:increasesastheunsystematicriskofthefirmincreases.

D:ignoresthefirm'sriskswhenthatcostisbasedonthedividendgrowthmodel.

答案:ignoresthefirm'sriskswhenthatcostisbasedonthedividendgrowthmodel.

Afirm'soverallcostofequityis:（）

A:unaffectedbychangesinthemarketriskpremium.

B:isgenerallylessthatthefirm'sWACCgivenaleveragedfirm.

C:highlydependentuponthegrowthrateandrisklevelofthefirm.

D:generallylessthanthefirm'saftertaxcostofdebt.

答案:highlydependentuponthegrowthrateandrisklevelofthefirm.

Thedividendgrowthmodelcanbeusedtocomputethecostofequityforafirminwhichofthefollowingsituations?()

A:firmsthatpayadecreasingdividend

B:firmsthatpayaconstantdividend

C:firmsthatpayanincreasingdividend

D:firmsthathavea100percentretentionratio

答案:firmsthatpayadecreasingdividend

；firmsthatpayaconstantdividend

；firmsthatpayanincreasingdividend

；firmsthathavea100percentretentionratio

IfafirmusesitsWACCasthediscountrateforalloftheprojectsitundertakesthenthefirmwilltendto:（）

A:rejectsomepositivenetpresentvalueprojects.

B:increaseitsoveralllevelofriskovertime.

C:acceptsomenegativenetpresentvalueprojects.

D:favorhighriskprojectsoverlowriskprojects.

答案:rejectsomepositivenetpresentvalueprojects.

；increaseitsoveralllevelofriskovertime.

；acceptsomenegativenetpresentvalueprojects.

；favorhighriskprojectsoverlowriskprojects.

第八章單元測試

下列哪一個理論認為公司的價值與公司的資本結構無關？

A:MM定理命題IIB:資本資產(chǎn)定價模型C:MM定理命題ID:有效市場假說

答案:MM定理命題I融資優(yōu)序理論認為，當企業(yè)存在融資需求時，首先選擇下列哪種融資方式。

A:內源融資B:股權融資C:其他都不正確D:債務融資

答案:內源融資下列哪個理論可以解釋為什么有的企業(yè)選擇舍棄債務抵稅收益而保持較低的負債水平？

A:其他都不對B:代理理論C:融資有序理論D:財務困境下的權衡理論

答案:財務困境下的權衡理論在考慮企業(yè)所得稅情況的下MM定理研究了債務利息抵稅對企業(yè)價值的影響。

A:錯B:對

答案:對通常情況下，資本結構指的是短期債務資本和權