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债券资本成本计算公式

更新时间: 2021-04-03 20:10:52     

1、债券资本成本=[100*8%*(1-33%)]/[100*(1-5%)]=5.64% ,或:债券资本成本=[8%*(1-33%)]/(1-5%)=5.64%。

2、由于利息费用计入税前的成本费用,可以起到抵减所得税的作用。因此按一次还本、分期付息的借款或券成本的计算公式分别为:Kb=[Ib(1-T)]/B(1-Fb);式中Kb--债券资本成本;Ib--债券年利息;T--所得税率;B--债券筹资额(或称债务本金);Fb--债券筹资费用率(=筹资费用/筹资总额)。或者Kb=[Ib(1-T)]/(1-Fb);Rb--债券利率。

关键词: 债券 资本 成本 计算 公式

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