绶ㄨ集鎺ㄨ枽锛�2020鐩�(ji膩n)鐞嗗伐绋嬪斧銆婄洰妯�(bi膩o)鎺у埗銆嬫脯(c猫)瑭﹂鍖附锛堝彲 鍏嶈不(f猫i)闋�(y霉)绱勭煭淇℃彁閱�锛�

1.鏌愪汉浠ュ勾8%鐨勫柈鍒╁€熷嚭15000鍏�锛屽€熸鏈熺偤3骞�;鏀跺洖鍚�锛屼互7%寰�(f霉)鍒╁皣涓婅堪鍊熷嚭璩囬噾鐨勬湰鍒╁拰鍐嶅€熷嚭锛屽€熸鏈熼檺鐐�10骞�锛屾浜哄湪绗崄涓夊勾骞寸祩鍙互鐛插緱寰�(f霉)鏈埄鍜屾槸(銆€)钀�(w脿n)鍏�銆�

A.3.3568

B.3.4209

C.3.5687

D.3.6589

銆庢纰虹瓟妗堛€廌

銆庣瓟妗堣В鏋愩€忔湰椤岃€冩煡鐨勬槸璩囬噾鏅�(sh铆)闁撳児(ji脿)鍊肩殑瑷�(j矛)绠�銆傞鍏堬紝姹傚嚭鍒扮3骞存湯鐨勬湰鍒╁拰(鍠埄瑷�(j矛)鎭�)=(15000+15000×8%×3);鐒跺悗锛岀敱绗�3骞存眰绠楀埌绗�13骞存湯(闁撻殧10骞�锛屽京(f霉)鍒╄▓(j矛)鎭�)涓€娆℃敮浠樼殑鏈埄鍜�=[15000×(1+8%×3)]×(1+7%)10=36589(鍏�)銆傚弮瑕嬫暀鏉怭39銆�

2.灏�(du矛)浜庝笅闈㈢殑鐝�(xi脿n)閲戞祦閲忓湒鑰岃█锛岃▓(j矛)绠桭鐨勬纰鸿〃閬�(d谩)寮忔槸(銆€)銆�

A.F=A(P/A锛孖锛�6)(F/P锛孖锛�8)

B.F=A(P/A锛孖锛�5)(F/P锛孖锛�7)

C.F=A(F/A锛孖锛�5)(F/P锛孖锛�2)

D.F=A(F/A锛孖锛�6)(F/P锛孖锛�1)

銆庢纰虹瓟妗堛€廇

銆庣瓟妗堣В鏋愩€忔湰椤岃€冩煡鐨勬槸璩囬噾鏅�(sh铆)闁撳児(ji脿)鍊肩殑瑷�(j矛)绠�銆傞嚌灏�(du矛)璩囬噾鏅�(sh铆)闁撳児(ji脿)鍊艰▓(j矛)绠楃殑6鍊�(g猫)鍏紡锛岄渶瑕佸湪鐞嗚В鏈夐棞(gu膩n)姒傚康鍜岀従(xi脿n)閲戞祦閲忓湒鐨勫熀绀�(ch菙)涓�锛岄潏娲婚亱(y霉n)鐢ㄣ€傜敱浜庡湒涓己灏戠7銆�8骞寸殑“绛夐璩囬噾”锛屼笉绗﹀悎鍘熷鍏紡瑷�(sh猫)瀹氱殑鎯呮硜锛岄仼瀹�“A→P→F”銆傚弮瑕嬫暀鏉怭39锝�44銆�

3.鐢蹭箼鍏╁閵€琛屽潎閲囩敤鍒版湡涓€娆℃€у劅閭勬湰鎭殑閭勬鏂瑰紡锛屽彲鍚戝€熸浜烘彁渚涗竴骞存湡鐨勮哺娆�銆傜敳閵€琛岃哺娆惧勾鍒╃巼11%锛屾瘡瀛ｅ害瑷�(j矛)鎭竴娆�;涔欓妧琛岃哺娆惧勾鍒╃巼12%锛屾瘡鍗婂勾瑷�(j矛)鎭竴娆�銆傚€熸浜烘噳(y墨ng)閬告搰閵€琛岀殑鍊熸骞村(sh铆)闅涘埄鐜囩偤(銆€)銆�

A.11.00%

B.11.46%

C.12.00%

D.12.36%

銆庢纰虹瓟妗堛€廈

銆庣瓟妗堣В鏋愩€忔湰椤岃€冩煡鐨勬槸璩囬噾鏅�(sh铆)闁撳児(ji脿)鍊肩殑瑷�(j矛)绠�銆傞鍏堬紝鍊熸浜烘噳(y墨ng)鐣�(d膩ng)閬告搰瀵�(sh铆)闅涘埄鐜囪純浣庣殑閵€琛屽€熸銆傜劧鍚庯紝鏍规摎(j霉)椤屾剰鍜屽(sh铆)闅涘埄鐜囩殑瑷�(j矛)绠楀叕寮�锛屽墖鏈夛細鐢查妧琛岀殑瀵�(sh铆)闅涘埄鐜�=(1+11%/4)4-1=11.46%锛屼箼閵€琛岀殑瀵�(sh铆)闅涘埄鐜�=(1+12%/2)2-1=12.36%銆傚洜姝�锛屾噳(y墨ng)閬告搰杓冧綆鐨�11.46%(鐢查妧琛�)銆傚弮瑕嬫暀鏉怭40銆�

4.鏌愬搴悜閵€琛岀敵璜�(q菒ng)浜嗕竴绛嗙瓑椤嶉倓鏈粯鎭殑鍊�(g猫)浜轰綇鎴挎寜鎻哺娆�锛屽叾鏈堜緵鐐�2850鍏�锛屾湀鍒╃巼鐐�6.25‰銆傚墖瑭茶哺娆剧殑骞村(sh铆)闅涘埄鐜囩偤(銆€)銆�

A.7.5%

B.7.56%

C.7.71%

D.7.76%

銆庢纰虹瓟妗堛€廌

銆庣瓟妗堣В鏋愩€忔湰椤岃€冩煡鐨勬槸璩囬噾鏅�(sh铆)闁撳児(ji脿)鍊肩殑瑷�(j矛)绠�銆傛牴鎿�(j霉)椤屾剰鍙婅▓(j矛)绠楀叕寮�锛岃┎璨告鐨勫勾瀵�(sh铆)闅涘埄鐜�=(1+6.25‰)12-1=7.76%銆傚弮瑕嬫暀鏉怭40銆�

5.鏌愬缓瑷�(sh猫)闋�(xi脿ng)鐩紝寤鸿ō(sh猫)鏈熺偤3骞�锛屽缓瑷�(sh猫)鏈熺涓€骞磋哺娆�400钀�(w脿n)鍏�锛岀浜屽勾璨告500钀�(w脿n)鍏�锛岀涓夊勾璨告300钀�(w脿n)鍏冿紝璨告鍧囩偤骞村垵鐧�(f膩)鏀�锛屽勾鍒╃巼鐐�12%锛岄噰鐢ㄥ京(f霉)鍒╂硶瑷�(j矛)绠楀缓瑷�(sh猫)鏈熺殑璨告鍒╂伅锛屽墖绗笁骞存湯璨告鐨勬湰鍒╁拰鐐�(銆€)钀�(w脿n)鍏冦€�

A.1525.17

B.1361.76

C.1489.17

D.1625.17

銆庢纰虹瓟妗堛€廇

銆庣瓟妗堣В鏋愩€忔湰椤岃€冩煡鐨勬槸璩囬噾鏅�(sh铆)闁撳児(ji脿)鍊肩殑瑷�(j矛)绠�銆傛牴鎿�(j霉)椤屾剰锛�

(1)鍙兘鐨勯尟(cu貌)瑾ょ殑浣滄硶1(榛樿獚(r猫n)“骞存湯”)锛�

浜庢槸锛孎(xi脿n)=400(F/P锛�12%锛�2)+500(F/P锛�12%锛�1)+300=400×1.2544+500×1.12+300=1361.76(钀�(w脿n)鍏�)銆�

(2)鍙兘鐨勯尟(cu貌)瑾ょ殑浣滄硶2

鍗虫寜骞翠腑鐧�(f膩)鐢�锛屽煼(zh铆)琛屽缓瑷�(sh猫)鏈熷埄鎭▓(j矛)绠�(鍏紡2-45)锛氬悇骞存噳(y墨ng)鎬ュ埄鎭�=(骞村垵鍊熸鏈伅绱▓(j矛)+鏈勾鍊熸椤�/2)×骞村埄鐜�銆�

(3)姝ｇ⒑鐨勪綔娉�(瑙ｉ鏂规硶)

浜庢槸锛孎(xi脿n)=P1(F/P锛�12%锛�3)+P2(F/P锛�12%锛�2)+P3(F/P锛�12%锛�1)=400×1.4049+500×1.2544+300×1.12=1525.17(钀�(w脿n)鍏�)銆傚弮瑕嬫暀鏉怭41銆�

6.鏌愮璩冨叕鍙稿皣鍍�(ji脿)鏍肩偤68钀�(w脿n)鍏冪殑瑷�(sh猫)鍌欏嚭绉熺郸鏂藉伐鍠綅銆佺鏈�5骞�锛岀磩瀹氭瘡骞村勾鍒濈瓑椤嶆敮浠樼閲戙€傝嫢鎶樼従(xi脿n)鐜囩偤12%锛屽墖瑭茶ō(sh猫)鍌欑殑骞寸閲戞噳(y墨ng)鐐�(銆€)钀�(w脿n)鍏�銆�

A.13.40

B.15.23

C.16.84

D.18.86

銆庢纰虹瓟妗堛€廋

銆庣瓟妗堣В鏋愩€忔湰椤岃€冩煡鐨勬槸璩囬噾鏅�(sh铆)闁撳児(ji脿)鍊肩殑瑷�(j矛)绠�銆傛鍟忛鐨勫(sh铆)璩�(zh矛)鏄熀浜庣従(xi脿n)鍊兼眰鏈締(l谩i)瑷�(j矛)绠楀叾鐨勭瓑椤嶈硣閲戯紝骞朵笖娉ㄦ剰鍏剁瓑椤嶈硣閲�(绉熼噾)鏄勾鍒濇敮浠�銆備簬鏄�锛屾牴鎿�(j霉)绛夐璩囬噾鍥炴敹鍏紡閫�(j矛n)琛岃▓(j矛)绠楋紝鍚屾檪(sh铆)閼掍簬骞村垵鏀粯绉熼噾锛岃▓(j矛)绠楁檪(sh铆)榛�(di菐n)鎳�(y墨ng)瑭插墠绉�(瑷�(j矛)绠楀懆鏈熸暩(sh霉)鎳�(y墨ng)瑭叉笡鍘�)1骞�锛屽墖骞撮噾A=68×12%×(1+12%)4/[(1+12%)5-1]=16.84(钀�(w脿n)鍏�)銆傚弮瑕嬫暀鏉怭43銆�

7.涓嬪垪缍�(j墨ng)婵�(j矛)瑭�(p铆ng)鍍�(ji脿)鎸囨(bi膩o)涓�锛屽爆浜庡弽鏄犵泩鍒╄兘鍔涚殑闈滄厠(t脿i)瑭�(p铆ng)鍍�(ji脿)鎸囨(bi膩o)鐨勬槸(銆€)銆�

A.鍑堢従(xi脿n)鍊�

B.鎶曡硣鏀剁泭鐜�

C.鍒╂伅鍌欎粯鐜�

D.鎶曡硣鍥炴敹鏈�

銆庢纰虹瓟妗堛€廈

銆庣瓟妗堣В鏋愩€忔湰椤岃€冩煡鐨勬槸鏂规缍�(j墨ng)婵�(j矛)瑭�(p铆ng)鍍�(ji脿)鐨勪富瑕佹寚妯�(bi膩o)銆傚湪缍�(j墨ng)婵�(j矛)瑭�(p铆ng)鍍�(ji脿)鐨勬寚妯�(bi膩o)楂旂郴涓�锛屽弽鏄犵泩鍒╄兘鍔涢潨鎱�(t脿i)鎸囨(bi膩o)鍖呮嫭绺芥姇璩囨敹鐩婄巼銆侀爡(xi脿ng)鐩硣鏈噾鍑堝埄娼�(r霉n)鐜囧拰闈滄厠(t脿i)鎶曡硣鍥炴敹鏈�锛屽嫊(d貌ng)鎱�(t脿i)鎸囨(bi膩o)鏈夊噲鐝�(xi脿n)鍊笺€佸噲骞村€�銆佸収(n猫i)閮ㄦ敹鐩婄巼鍜屽嫊(d貌ng)鎱�(t脿i)鎶曡硣鍥炴敹鏈�;鍙嶆槧鍎熷偟鑳藉姏鐨勫埄鎭倷浠樼巼銆佸劅鍌靛倷浠樼巼銆佽硣鐢�(ch菐n)璨�(f霉)鍌电巼绛�銆傚弮瑕嬫暀鏉怭45銆�

8.鏌愭柟妗堢殑寤鸿ō(sh猫)鎶曡硣鐐�25000钀�(w脿n)鍏�锛屾祦鍕�(d貌ng)璩囬噾鐐�5000钀�(w脿n)鍏�锛岄嫪搴曟祦鍕�(d貌ng)璩囬噾鐐�1000钀�(w脿n)鍏�锛岄爡(xi脿ng)鐩硣鏈噾鐐�15000钀�(w脿n)鍏�銆傚叾瑭﹂亱(y霉n)琛岄殠娈电殑骞村钩鍧囨伅绋呭墠鍒╂饯(r霉n)鍜屽噲鍒╂饯(r霉n)鍒嗗垾鐐�5000钀�(w脿n)鍏冦€�3000钀�(w脿n)鍏�锛岄亱(y霉n)鐕�(y铆ng)闅庢鐨勫勾骞冲潎鎭▍鍓嶅埄娼�(r霉n)鍜屽噲鍒╂饯(r霉n)鍒嗗垾鐐�6000钀�(w脿n)鍏冦€�4500钀�(w脿n)鍏�銆傚墖鍏剁附鎶曡硣鏀剁泭鐜�(ROI)鐐�(銆€)銆�

A.13%

B.15%

C.20%

D.30%

銆庢纰虹瓟妗堛€廋

銆庣瓟妗堣В鏋愩€忔湰椤岃€冩煡鐨勬槸鏂规缍�(j墨ng)婵�(j矛)瑭�(p铆ng)鍍�(ji脿)涓昏鎸囨(bi膩o)鐨勮▓(j矛)绠�銆傛牴鎿�(j霉)鍏紡锛岃┎鏂规鐨勭附鎶曡硣鏀剁泭鐜�(ROI)=姝ｅ父骞翠唤鐨勫勾鎴栧勾鍧囨伅绋呭墠鍒╂饯(r霉n)/绺芥姇璩�×100%=6000/(25000+5000)×100%=20%銆傛敞鎰忓湪瑷�(j矛)绠楃附鎶曡硣鏀剁泭鐜囨檪(sh铆)锛屼笉鑳介噰鐢ㄩ嫪搴曟祦鍕�(d貌ng)璩囬噾鍜屽噲鍒╂饯(r霉n)锛岃€屼笖鍏舵暩(sh霉)鍊奸珮浜庤妤�(y猫)骞冲潎鏀剁泭鐜囷紝瑾槑瑭叉柟妗堢稉(j墨ng)婵�(j矛)涓婂彲琛�銆傚弮瑕嬫暀鏉怭45銆�

9.鏌愰爡(xi脿ng)鐩殑寤鸿ō(sh猫)鎶曡硣鐐�25000钀�(w脿n)鍏�锛屾祦鍕�(d貌ng)璩囬噾鐐�5000钀�(w脿n)鍏冿紝闋�(xi脿ng)鐩硣鏈噾鐐�15000钀�(w脿n)鍏�銆傚叾瑭﹂亱(y霉n)琛岄殠娈电殑骞村钩鍧囧噲鍒╂饯(r霉n)鐐�3000钀�(w脿n)鍏�锛岄亱(y霉n)鐕�(y铆ng)闅庢鐨勫勾骞冲潎鍑堝埄娼�(r霉n)鐐�4500钀�(w脿n)鍏冦€傚墖鍏堕爡(xi脿ng)鐩硣鏈噾鍑堝埄娼�(r霉n)鐜�(ROE)鐐�(銆€)銆�

A.10%

B.15%

C.20%

D.30%

銆庢纰虹瓟妗堛€廌

銆庣瓟妗堣В鏋愩€忔湰椤岃€冩煡鐨勬槸鏂规缍�(j墨ng)婵�(j矛)瑭�(p铆ng)鍍�(ji脿)涓昏鎸囨(bi膩o)鐨勮▓(j矛)绠椼€傛牴鎿�(j霉)鍏紡锛岃┎闋�(xi脿ng)鐩殑璩囨湰閲戝噲鍒╂饯(r霉n)鐜�(ROE)=骞存垨骞村潎鍑堝埄娼�(r霉n)/璩囨湰閲�×100%=4500/15000×100%=30%(涓嶈兘閬告搰瑭﹂亱(y霉n)琛岄殠娈�3000钀�(w脿n)鍏冪殑骞村钩鍧囧噲鍒╂饯(r霉n))銆傚弮瑕嬫暀鏉怭45銆�

10.闂�(gu膩n)浜庢姇璩囨敹鐩婄巼鎸囨(bi膩o)鐨勪互涓嬭娉曚腑锛屾纰虹殑鏄�(銆€)銆�

A.瑷�(j矛)绠楁姇璩囨敹鐩婄巼闇€瑕侀伕鎿囨甯稿勾浠�锛岄毃鎰忔€ц純寮�(qi谩ng)

B.鎶曡硣鏀剁泭鐜囨寚妯�(bi膩o)鍙楀埌鎶曡硣瑕�(gu墨)妯＄殑闄愬埗

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