阿摩線上測驗
登入
阿摩線上測驗
登入
試卷名稱：110年 - 110 國立清華大學碩士班考試入學試題_計量財務金融學系/甲組(財務金融組):財務管理#105244
年份：110年
科目：研究所、轉學考(插大)◆財務管理
25 GE, a U.S. Corporation, is considering a new project located in Great Britain. The expected free cash flows from the project are detailed below:
You know that the spot exchange rate is S = $1.37/8. In addition, the risk- free interest rate on dollars and pounds is 5.4% and 4.6% respectively. Assume that these markets are internationally integrated and the uncertainty in the free cash flow is not correlated with uncertainty in the exchange rate. You have determined that the dollar WACC for these cash flows is 10.2%.
What is the U.S. dollar present value of the project?
(A) $14.6
(B)$29.1
(C)-$3.6
(D)-$9.4
(E) $6.3