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X公司拟进行一项完整工业项目投资,现有甲、乙、丙、个可供选择的互斥投资方案。已知相关资料如下: 资料一:已知甲方案的净现金流量为:NCF0=一800万元,NCF1=一200万元,NCF2=0万元,NCF3~11=250万元,NCF12=280万元。假定经营期不发生追加投资,X公司所在行业的基准折现率为16%。部分资金时间价值系数见表1。 资料二:乙、丙、个方案在不同情况下的各种投资结果及出现概率等资料见表2。 资料三:假定市场上的无风险收益率为9%,通货膨胀因素忽略不计,风险价值系数为1 0%,乙方案和丙方案预期的风险收益率分别为1 0%和8%,丁方案预期的总投资收益率为22%。 资料四:H公司原总资产为50亿元,负债为20亿元,债务利率为6%,企业所得税率为25%。H公司发行在外的普通股为3亿股。基于上述项目对资本性开支的需求,H公司拟对外融资20亿元。现有两种备选融资方案:一是增发普通股2亿股,发行价10元/股。二是向银行借款20亿元。上述项目预计的息税前利润合计为6亿元,并保持稳定。新增债务的利率因资产负债率提高而上升到8%。 要求: 确定E公司乙材料采购预算表中用字母表示的项目数值(不需要列示计算过程)。
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