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现有A、B、C、D四个互斥方案,寿命相等,有关数据如下表所示,若基准收益率ic= 16%,则方案( )最好。 方案 初始投资 IRRj △IRRj-k k=A k=B k=C A 100万元 19% — — — B 175万元 15% 9% — — C 200万元 18% 16% 23% — D 250万元 16% 12% 17% 13%

A
B
C
D

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某房地产开发商于2000年12月通过出让方式,以1600元/m2的价格取得10000m2的国有土地使用权,土地用途为住宅,土地使用年限自2001年1月1日至2070年12月31日,规划房屋建筑面积为12000m2;该项目享受应上缴政府部门的市政配套设施费等合计300元/m2,减免30%的政策优惠;项目全部以房地产开发商的资本金投入并自行销售。估价人员掌握如下与本次估价相关的估价时点时的资料与参数,并拟以成本法评估项目竣工日2003年12月31日该房地产的市场价值。 资料与参数表 名称 参数值 名称 参数值 契税税率 4% 该区域同类住宅用地招标拍卖的平均出让价格 1600元/m2 营业税、城市维护建设税和教育费附加 5.5% 同类建筑物重量价格 1000元/m2 专业费用率 建筑物建造成本的6% 土地报酬率 5% 一年期贷款年利率 6% 管理费用 30元/m2 直接成本利润率 20% 销售费用率 2.5% 评估测算如下(节选)。 1.土地的年期修正系数K:K=[1=1/(1+5%)67]/[1-1/(1+5%)70]=0.9946。 2.土地取得成本:10000m2×1600元/m2×0.9946=15913600元。 3.开发成本:①建筑物建造成本12000m2×1000元/m2=1200万元;②专业费用1200万元×6%=72万元;③上缴市政配套建设费等12000×300×(1-30%)元=252万元;④开发成本小计12000000元+720000元+2520000元=1524万元。 4.管理费用。12000×30元=36万元。 5.投资利息。正常建设期为1年,土地取得成本设定在建设期初一次性投入开发成本和管理费用在建设期内均匀投入,资本金视同借入资金,则投资利息:15913600元×[(1+6%)-1]+(15240003+360000)元×[(1+6%)0.5-1]=1415999元。 6.开发利润:(15913600+15240000)元×20%=6230720元。 7.销售税费:(15913600+15240000+360000+1415999+6230720)元×8%=39160319元×8%=3132826元。 8.评估价值:总价值(39160319+3132826)元×(1+4%)=42293145元×(1+4%)=43984871元;单位价值3665元/m2。

A 阅读下列短文,从每题所给的四个选项([A]、[B]、[C]和[D])中选出最佳选项。 Aaliyah was born Aaliyah Dana Haughton on Jan. 16, 1979, in Brooklyn, New York. She made her stage debut as an orphan in a production of "Annie" at the age of six. Her uncle was married to singer Gladys Knight, who invited eleven-year-old Aaliyah to perform with her during a five-night stint in Las Vegas. Aaliyah was a talented young singer. She was featured on the talent search television program "Star Search". Aaliyah received her first licensing deal as a teenager, after her uncle, Barry Hankerson, formed Blackground Records. Aaliyah’s first album, "Age Ain’t Nothing But A Number", went gold in 1994, when she was 15. Aaliyah’s music benefited from her close collaboration with hip-hop artist R. Kelly. After rumors that the two had married, they stopped working together. Aaliyah went on to make two more albums in a fruitful collaboration with prodncers Timbaland and Missy Elliot. Her third and last CD, "Aaliyah" was released in July 2001. Aaliyah’s song "Try Again" earned her a Grammy nomination for best female R&B vocalist. She was nominated in the same category in 1999 for "Are You That Somebody". In 1996, she released her second album; the single, "If Your Girl Only Knew", went double platinum. In addition to being a talented musician, Aaliyah was building a reputation as an actress. She made her first feature film appearance in the movie "Romeo Must Die" with Jet Li. She also starred in "The Queen of the Damned", based on the novel by Anne Rice. She was also scheduled to act in the sequel to "The Matrix". On August 26, 2001, Aaliyah was on her way to shoot a music video for her most recent album on Abaco Island, about 170 miles east of south Florida. Soon after takeoff for Florida, the plane she was traveling on crashed, just 200 feet beyond the end of the runway at Marsh Harbor International Airport on Abaco Island. The plane, a Cessna 402B, apparently suffered engine failure upon liftoff. Aaliyah was only 22 years old. Which of the following is true of Aaliyah

A. Her full name was Dana Haughton.
B. Her parents died when she was six.
C. She began her acting at 11.
D. The first role she played is an orphan.

He was a qualified doctor who rarely practiced but instead devoted his life to writing. He once said: "Medicine is my lawful wife, and literature is my lover." Russian writer Anton Pavlovich Chekhov was a great playwright and one of the masters of the modem short story.(77) When Chekhov entered the Moscow University Medical School in 1879, he started to publish hundreds of comic short stories to support his family. After he graduated, he wrote regularly for a local daily newspaper.As a writer he was extremely fast, often producing a short story in an hour or less. Chekhov’s medical and science experience can be seen through the indifference(冷漠) many of his characters show to tragic events. In 1892, he became a full time writer and published some of his most memorable stories.Chekhov often wrote about the sufferings of life in small town Russia. Tragic events control his characters who are filled with feelings of hopelessness and despair.It is Often said that nothing happens in Chekhov’s stories and plays. He made up for this with his exciting technique for developing drama within his characters. (78) Chekhov’s work combined the calm attitude of a scientist and doctor with the sensitivity(敏感) of an artist.Some of Chekhov’s works were translated into Chinese as early as the 1940s. One of his famous stories, The Man in a Shell (《装在套子里的人》), about a school teacher’s extraordinarily orderly life, was selected as a text for Chinese senior students. When did Chekhov begin to publish stories().

After he graduated.
B. When he became a university student.
C. In the 1940s.
D. In 1892.

One of the qualities that most people admire in others is the willingness to admit one’s mistakes. (79) It is extremely hard sometimes to say a simple thing like "I was wrong about that," and it is even harder to say, "I was wrong, and you were right about that."I had an experience recently with someone admitting to me that he had made a mistake fifteen years ago. He told me he had been the manager of a grocery store in the neighborhood where I grew up, and he asked me if ! remembered the egg cartons. Then he related an incident and I began to remember vaguely the incident he was describing.I was about eight years old at the time, and I had gone into the store with my mother to do the weekly grocery shopping. On that particular clue, I must have found my way to the dairy food department where the incident took place.(80) There must have been a special sale on eggs that day because there was an impressive display of eggs in dozen and half-dozen cartons. The cartons were stacked three or four feet high. I must have stopped in front of a display to admire the stacks. Just then a woman came by pushing her grocery cart and knocked off the stacks of cartons. For some reason, I decided it was up to me to put the display back together; so I went to work.The manager heard the noise and came rushing over to see what had happened. When he appeared, I was on my knees inspecting some of the cartons to see if any of the eggs were broken, but to him it looked as though I was the culprit (罪犯). He severely scolded me and wanted me to pay for any broken eggs. I protested my innocence and tried to explain, but it did no good. Even though I quickly forgot all about the incident, apparently the manager did not. Which of the following statements is NOT true().

A. The woman who knocked off the stacks of cartons was seriously criticized by the manager.
B. The author was severely criticized by the manager.
C. A woman carelessly knocked off the stacks of cartons.
D. It was the author who put the display back together.

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