TheHoffmanCardCo.earned£1.50persharelastyear.Investmentinfixedcapitalwas£0.80pershare,anddepreciationwas£0.30.Investmentinworkingcapitalwas£0.20pershare.Hoffmanexpectsearningstogrowat15%peryearforthenextfiveyearsandthatinvestmentinfixedcapital,depreciation,andinvestmentinworkingcapitalwillgrowatthesamerate.Afterfiveyears,thegrowthinearningsandworkingcapitalrequirementswilldeclinetoastable5%peryear,andinvestmentinfixedcapitalanddepreciationwilloffseteachother(i.e.,theywillbeequal).Hoffman'stargetdebtratiois30%.Theshareholdersrequireareturnof17%ontheirinvestmentduringthehigh-growthstageandareturnof10%ontheirinvestmentduringthestablestage.TheFCFEinYear6andthevaluepershareofHoffman'scommonstockare<em>closest</em>to:<br/><spanstyle="text-decoration:underline">FCFEinYear6</span><spanstyle="text-decoration:underline">Sharevalue</span> A: £2.03£31.08 B: £2.88£31.08 C: £2.88£57.60
TheHoffmanCardCo.earned£1.50persharelastyear.Investmentinfixedcapitalwas£0.80pershare,anddepreciationwas£0.30.Investmentinworkingcapitalwas£0.20pershare.Hoffmanexpectsearningstogrowat15%peryearforthenextfiveyearsandthatinvestmentinfixedcapital,depreciation,andinvestmentinworkingcapitalwillgrowatthesamerate.Afterfiveyears,thegrowthinearningsandworkingcapitalrequirementswilldeclinetoastable5%peryear,andinvestmentinfixedcapitalanddepreciationwilloffseteachother(i.e.,theywillbeequal).Hoffman'stargetdebtratiois30%.Theshareholdersrequireareturnof17%ontheirinvestmentduringthehigh-growthstageandareturnof10%ontheirinvestmentduringthestablestage.TheFCFEinYear6andthevaluepershareofHoffman'scommonstockare<em>closest</em>to:<br/><spanstyle="text-decoration:underline">FCFEinYear6</span><spanstyle="text-decoration:underline">Sharevalue</span> A: £2.03£31.08 B: £2.88£31.08 C: £2.88£57.60
某企业将保险价值为180万元的财产同时向甲、乙两家保险公司投保财产保险综合险,保险金额分别为70万元和180万元。若一次保险事故造成实际损失为80万元,则按照重复保险的比例责任分摊方式,甲、乙两家保险公司应分别承担的赔款是() A: 31.11万元和48.89万元 B: 22.40万元和57.60万元 C: 40万元和40万元 D: 20万元和60万元
某企业将保险价值为180万元的财产同时向甲、乙两家保险公司投保财产保险综合险,保险金额分别为70万元和180万元。若一次保险事故造成实际损失为80万元,则按照重复保险的比例责任分摊方式,甲、乙两家保险公司应分别承担的赔款是() A: 31.11万元和48.89万元 B: 22.40万元和57.60万元 C: 40万元和40万元 D: 20万元和60万元