[{"data":1,"prerenderedAt":46},["ShallowReactive",2],{"q-sec_sr_finance-115-1-030":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-115-1-030","115-1",30,"甲公司擬出價$80 購併乙公司，已知乙公司的價值為$50，甲公司的價值為$70，請問公司購併溢價為何？",[13,14,15,16],"$20","$30","$50","無法得知",1,"財務預測、成長與企業評價","購併溢價指收購方出價超過標的公司本身價值的部分,也就是為取得對方所多付的代價。本題甲公司出價 $80 收購乙公司,乙公司本身價值為 $50,溢價=出價−標的價值=80−50=30,故(B)正確。(A)$20 是誤用甲、乙兩公司價值差(70−50)所得,並非溢價概念;(C)$50 是乙公司自身價值本身而非溢價;既然出價與標的價值均已知,溢價可明確計算,故(D)無法得知不成立。重點:溢價比較的是出價與被併方價值,與收購方本身價值無關。","easy",[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-114-3-024","下列何者不影響每期淨現金流量？",24,{"id":35,"question":36,"qno":37},"sec_sr_finance-114-3-043","下列何者會增加可轉換公司債的價值？",43,{"id":39,"question":40,"qno":41},"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":43,"question":44,"qno":45},"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)：",45,1787293960575]