华丰公司拟进行证券投资,期望投资报酬率为12%,备选方案的资料如下: (1)购买环海公司债券,环海公司发行债券的面值为100元,票面利率 8%,期限10年,筹资费率3%,每年付息一次,到期归还面值,所得税率 25%。当前的市场利率为10%,华丰公司须按环海公司发行价格购买。 (2)购买平安公司股票,平安公司股票现行市价为每股14元,今年每股股利为0.9元,预计以后每年以6%的增长率增长。 (3)购买长丰公司股票,长丰公司股票现行市价为每股13元,今年每股股利为1.5元,股利分配政策将一贯坚持固定股利支付率政策。 要求: (1)计算环海公司债券的发行价格及债券资本成本。 (2)计算购买环海公司债券的到期收益率。 (3)计算环海公司债券、平安公司股票和长丰公司股票的内在价值,并为华丰公司做出最优投资决策。
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某建筑工程监理公司,原是按照传统的国有企业模式设立的。为适应市场经济要求,该监理公司积极进行改革,建立了现代企业制度并使企业形成适应市场经济要求的管理制度和经营机制。近期,该监理公司承担了某小区公寓施工阶段的监理任务。业主将该小区 1~10号楼、11~20号楼、21~30号楼分别发包给三家承包商。针对工程特点及业主对工程的发包情况,总监理工程师首先组建监理机构,并按照建设工程监理制度的有关法律、法规实施监理活动。【问题】
湖北省A县某一基层人民法院在审理张三诉李四侵权一案时,在审理过程中,李四因为以暴力方法阻碍司法警察执行职务被人民法院罚款700元,李四不服向中级人民法院申请复议,中级人民法院认为基层人民法院采取的罚款的强制措施不当。请问中级人民法院应当如何处理( )
A. 由中级人民法院制作决定书,撤销或者变更基层人民法院的错误决定,情况紧急的可以先口头通知,并于3日内发出通知
B. 由中级人民法院制作裁定书,撤销或者变更基层人民法院的错误决定,情况紧急的可以先口头通知,并于3日内发出通知
C. 由中级人民法院发出通知书,限令基层人民法院在3日内改变错误的决定
D. 由中级人民法院口头指出错误,提出处理意见,交由基层人民法院自己纠正
Passage 46 Although Beethoven could sit down and make up music easily, his really great compositions did not come easily at all. They cost him a great deal of hard work. We know how often he rewrote and corrected his work because his notebooks are still kept in museums and libraries. He always found it hard to satisfy himself. When he was 28, the worst difficulty of all came to him. He began to notice a strange humming(嗡嗡声) in his ears. At first he paid little attention; but it grew worse, and at last he consulted doctors. (46) They gave him the worst news any musician could bear: he was gradually going deaf. Beethoven was in despair; he was sure that he was going to die. He went away to the country, to a place called Heiligenstadt, and from there he wrote a long farewell letter to his brothers. He longed to die, and said to death, "Come when you will, I shall meet you bravely." In fact, Beethoven did something braver than dying. He gathered his courage and went on writing music, though he could not hear what he wrote. He wrote his best music, the music we remember him for, after he became deaf. The music he wrote was very different from any that had been composed before. Which is the best title of this passage
A. The Deaf Composer.
B. Great Compositions.
C. Beethoven and His Music.
D. How Beethoven Became Deaf.
根据以下资料。回答96~100题。截至2007年12月,网民数已达到2.1亿人,比2007年6月增加4800万人,2007年一年增加了7300万,年增长率53.3%。一年中平均每天增加网民20万人。目前,中国的网民人数略低于美国的2.15亿,位于世界第二位;中国16%的互联网普及率仍比全球平均水平19.1%低3.1%个百分点。 从地域上看,北京和上海的互联网普及率较高,已经分别达到46.6%和45.8%;从增量上看,广东由于手机网民数增长的拉动,增长人数最多,一年内共增加了1500万网民。 2007年农村网民规模年增长率超过100%,达到127.7%,农村网民数量达到5262万人。7300万新增网民中的4成,即2917万来自农村。从网民住地上看,网民居住在城镇的较多,74.9%都居住在城镇,城镇网民数已达到1.57亿人,而同期农村网民数量仅有5262万人。但农村网民数量增长非常迅速,年增长率超过100%,已达到127.7%,远高于城镇网民38.2%的增长率。但城镇与农村的互联网发展水平仍存在很大差距,城镇居民的互联网普及率是27.3%,农村仅为7.1%。 中国的宽带网民数量增长迅速。2007年12月的宽带网民数已经达到1.63亿,占网民总体的77.6%,比2007年6月增加了4094万人,比2006年12月的1.04亿增加了5938万人。 以下判断正确的是( )。
A. 中国互联网普及率仅次于美国,已经居世界前列
B. 中国农村网民的增长速度高于城市,但互联网普及率仍低于城市
C. 广州手机网民数量超过了宽带网民数量
D. 2007年,中国的城市网民新增数量及增长率都高于农村