[{"data":1,"prerenderedAt":46},["ShallowReactive",2],{"q-sitca_invest-115-2-017":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":22},"sitca_invest","投信投顧業務員資格測驗——證券投資與財務分析","c4",{"id":8,"exam":4,"session":9,"qno":10,"question":11,"options":12,"answer":17,"chapter":18,"freq":19,"explanation":20,"difficulty":21},"sitca_invest-115-2-017","115-2",17,"若某公司今年每股稅前盈餘是 10 元，公司所得稅率是 25%，該公司無特別股，已知該公司盈餘保留比率是 30%，則該公司股票今年每股可配多少元現金股利？",[13,14,15,16],"4.50 元","3.15 元","5.25 元","1.85 元",2,"股票評價與基本分析",1,"順序是先課稅、再分配。每股稅後盈餘 = 10 × (1 − 25%) = 7.5 元；盈餘保留比率 30%，表示股利發放率為 1 − 30% = 70%；每股現金股利 = 7.5 × 70% = 5.25 元，故選 (C)。兩個常見失誤都不會落在正確答案上：把 30% 直接當成發放率會得到 7.5 × 30% = 2.25 元，忘了先扣所得稅會得到 10 × 70% = 7 元，兩者都不在選項內。(A) 4.50 元、(B) 3.15 元與 (D) 1.85 元均低於稅後每股盈餘的七成。","medium",[23,27,31,35,39,43],{"id":24,"question":25,"qno":26},"sitca_invest-114-3-005","某公司今年每股發放股利 2 元，在股利零成長的假設下，已知投資人的必要報酬率為 8%，則每股普通股的預期價值為：",5,{"id":28,"question":29,"qno":30},"sitca_invest-114-3-008","下列敘述何者「正確」？甲.股利殖利率是指股利除以股票面額；乙.對股利每年均固定成長之股票而言，其資本利得收益率等於股利成長率；丙.股票之總報酬率等於股利率加上資本利得收益率",8,{"id":32,"question":33,"qno":34},"sitca_invest-114-3-015","某公司的預期權益報酬率是 5%，若該公司的股利政策為發放 40%之現金股利，則在無外部融資假設下，其預期盈餘成長率是：",15,{"id":36,"question":37,"qno":38},"sitca_invest-114-3-023","甲公司為固定成長公司，公司盈餘每年成長 8%，若甲公司普通股股票β係數為 1.2，市場投資組合報酬率 14%，無風險利率 4%，最近剛發放股利 4 元。試估算甲公司目前的每股價格為何？",23,{"id":40,"question":41,"qno":42},"sitca_invest-115-1-006","某公司今年每股發放股利 2 元，在股利零成長的假設下，已知投資人的必要報酬率為 10%，則每股普通股的預期價值為：",9,{"id":44,"question":45,"qno":42},"sitca_invest-115-1-009","甲公司資產負債表中，有 650 萬元之資產，350 萬元之負債，假設甲公司股票流通在外股數為 10 萬股，且目前股票市價為 90 元，請問該公司股票之市價淨值比為：",1785904155685]