当前位置： 找题吧 >  CFA特许金融分析师 CFA考试LevelⅠ
[单选题]

A company's operations analyst is evaluating a plant expansion project that is likely to be financed in part by issuing new common equity. Flotation costs are expected to be 4% of the amount of new equity capital raised. The most appropriate way for the analyst to treat the flotation costs is to:

A.Ignore them,because flotation costs for common equity are likely to be nonmaterial.

B.Estimate the cost of equity capital based on a share price 4% less than the current price.

C.Determine the flotation cost attributable to this project and treat it as part of the project's initial cash outflow.

参考答案与解析：

相关试题

An analyst is reviewing the property, plant, and equipment disclosure related to a company's wa

[单选题]An analyst is reviewing the property, plant, and equipment disclosure relat

  • 查看答案

    • An analyst who is projecting a company's net income and cash flows is least likely to assume a

    [单选题]An analyst who is projecting a company's net income and cash flows is least

  • 查看答案

    • An analyst who is interested in a company's long-term solvency would most likely examine the:

    [单选题]An analyst who is interested in a company's long-term solvency would most l

  • 查看答案

    • An analyst gathered the following information about a company and that company's common stock:&

    [单选题]An analyst gathered the following information about a company and that comp

  • 查看答案

    • An analyst gathered the following information about a company and the company's industry:<br

    [单选题]An analyst gathered the following information about a company and the compa

  • 查看答案

    • A company's optimal capital budget most likely occurs at the intersection of the:

    [单选题]A company's optimal capital budget most likely occurs at the intersection o

  • 查看答案

    • Financial ratios alone are least likely helpful to determine a company's:

    [单选题]Financial ratios alone are least likely helpful to determine a company's:A.

  • 查看答案

    • A company's optimal capital budget most likely occurs at the intersection of the:

    [单选题]A company's optimal capital budget most likely occurs at the intersection o

  • 查看答案

    • A company's optimal capital budget most likely occurs at the intersection of the:

    [单选题]A company's optimal capital budget most likely occurs at the intersection o

  • 查看答案

    • Which of the following is least likely to appear in a company's proxy statement?

    [单选题]Which of the following is least likely to appear in a company's proxy state

  • 查看答案

    • A company's operations analyst is evaluating a plant expansion project that is likely to be fin