i*****n 发帖数: 196 | 1 这不是cpa的考试题目
是intermediate accounting课本上的一个题目,下个星期要用它做presentation,但
是小组讨论一直无法达成一致。。教授又不给答案,只有请教下这里的高手们,跪求帮
助><
题目是
J and S are contemplating the purchase of the hardware store from JD. THe
Jand S anticipate that the store will generate cash flows of 70,000 per year
for 20 years. at the end of 20 year, they intend to sell the store for an
estimated 400,000. The J and S will finance the investment with a variable
rate mortgage. Interest rates will increase twice during 20 year life of
mortage. Acc | i*****n 发帖数: 196 | 2 这不是cpa的考试题目
是intermediate accounting课本上的一个题目,下个星期要用它做presentation,但
是小组讨论一直无法达成一致。。教授又不给答案,只有请教下这里的高手们,跪求帮
助><
题目是
J and S are contemplating the purchase of the hardware store from JD. THe
Jand S anticipate that the store will generate cash flows of 70,000 per year
for 20 years. at the end of 20 year, they intend to sell the store for an
estimated 400,000. The J and S will finance the investment with a variable
rate mortgage. Interest rates will increase twice during 20 year life of
mortage. Acc | c*********k 发帖数: 220 | 3 分开折现
1.1-5 在time=0 =PV(8%,5,70000,0,0)=279,490
2. 6-10 discount到time=5 PV(10%,5,70000,0,0)= 265,355, 然后再这个基础上再
discount 到time=0 = 265,355/(1.05^5)=>207,913
3. 10-20 discount到time=10, PV(12%,10,70000,400000,0), 然后再这个基础上再
discount 到time=0 =》 PV(12%,10,70000,400000,0)/(1.08^5)/(1.05^5)
我没有检查过math - 应该是509143吧。 | i*****n 发帖数: 196 | 4 非常感谢
我就是用得你这个方法
但是答案是627,228。。。差很远,不知道为什么。。
另外想问下,那笔最后sell的400,000,需要折现么? | i*****n 发帖数: 196 | 5 非常感谢
我就是用得你这个方法
但是答案是627,228。。。差很远,不知道为什么。。
另外想问下,那笔最后sell的400,000,需要折现么? | c*********k 发帖数: 220 | 6 400,000已经discounted。在这里PV(12%,10,70000,400000,0) |
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