【每日一练】CFA 一级（2015年）

Question：

A company’s optimal capital budget most likely occurs at the intersection of the: 
A. marginal cost of capital and investment opportunity schedule. 
B. marginal cost of capital and net present value profiles. 
C. net present value and internal rate of return profiles. 

Answer = A 
The point at which the marginal cost of capital intersects the investment opportunity schedule is the optimal capital budget.

CFA Level I
“Capital Budgeting,” John D. Stowe and Jacques R. Gagné
Section 4.7
“Cost of Capital,” Yves Courtois, Gene C. Lai, and Pamela Peterson Drake
Section 2.3

更多精彩：

CFA一级企业理财的学习策略

CPA证书和CFA证书哪个比较难考？哪个比较实用？