[{"data":1,"prerenderedAt":46},["ShallowReactive",2],{"q-sec_sr_finance-114-3-024":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":21},"sec_sr_finance","證券商高級業務員資格測驗——證券投資與財務分析(試卷「財務分析」)","c10",{"id":8,"exam":4,"session":9,"qno":10,"question":11,"options":12,"answer":17,"chapter":18,"freq":17,"explanation":19,"difficulty":20},"sec_sr_finance-114-3-024","114-3",24,"下列何者不影響每期淨現金流量？",[13,14,15,16],"折舊方法的改變","折現率變動","期末資產處分損失","收入變動",1,"財務預測、成長與企業評價","本題找「不影響每期淨現金流量」者。折現率只用於把未來現金流折算成現值以求淨現值,它改變的是評價結果,並不會改變各期實際收付的現金金額,故(B)正確。相對地,折舊方法改變會影響折舊費用進而牽動所得稅,產生折舊稅盾效果而改變現金流(A);期末資產處分損失會影響應納稅額,連帶影響稅後現金流(C);收入變動直接改變營業現金流入(D)。關鍵在於區分「影響現金流量本身」與「僅影響折現後的評價」,折現率屬於後者。","medium",[22,26,30,34,38,42],{"id":23,"question":24,"qno":25},"sec_sr_finance-114-3-021","假設負債的利率為 15%，稅率為 17%，則在計算融資租賃價值時應用的折現率為多少？",21,{"id":27,"question":28,"qno":29},"sec_sr_finance-114-3-022","回收期限法（Payback Period Rule）：",22,{"id":31,"question":32,"qno":33},"sec_sr_finance-114-3-043","下列何者會增加可轉換公司債的價值？",43,{"id":35,"question":36,"qno":37},"sec_sr_finance-114-3-044","一般來說，我們會用統計上的迴歸方法來估計：",44,{"id":39,"question":40,"qno":41},"sec_sr_finance-114-3-045","假設某一股票之報酬率在市場報酬率為正時，其皆為負，且市場報酬率為負時，它皆為正，則此股票的β 值(Beta)：",45,{"id":43,"question":44,"qno":45},"sec_sr_finance-114-3-046","一投資方案的資金成本是：",46,1787293959927]