A.涓嬮檷

B.涓嶈畩

C.涓婂崌鐨�

D.涓嶇⒑瀹�

銆愮瓟妗堛€慉

銆愯В鏋愩€戠嚐妤�(y猫)鏀跺叆澧為暦 10.9%锛屽噲鍒╂饯澧為暦 8.8%锛屽墖閵峰敭鍑堝埄鐜囦笅闄�;鐕熸キ(y猫)鏀跺叆澧為暦 10.9%锛屽钩鍧囪硣鐢�(ch菐n)绺介澧炲姞 12.6%锛屽墖绺借硣鐢�(ch菐n)鍛ㄨ綁鐜囦笅闄�;骞冲潎璩囩敘(ch菐n)绺介澧炲姞 12.6%锛屽钩鍧囪矤鍌电附椤嶅鍔� 10.5%锛屽墖娆婄泭涔樻暩(sh霉)涓嬮檷锛屽洜姝わ紝2009 骞村噲璩囩敘(ch菐n)鏀剁泭鐜囪垏涓婂勾鐩告瘮涓嬮檷銆�

銆愪緥椤�·鍠伕椤屻€戠敳鍏徃 2018 骞寸殑閵峰敭鍑堝埄鐜囨瘮 2017 骞翠笅闄� 5%锛岀附璩囩敘(ch菐n)鍛ㄨ綁鐜囨彁楂� 10%锛屽亣瀹氬叾浠栨浠惰垏 2007 骞寸浉鍚�锛岄偅涔堢敳鍏徃2018骞寸殑娆婄泭鍑堝埄鐜囨瘮2017骞存彁楂�( )銆�

A.4.5%

B.5.5%

C.10%

D.10.5%

銆愮瓟妗堛€慉

銆愯В鏋愩€憑(1−5%)A×(1+10%)B×C−ABC}/ABC = (1 − 5%) × (1 + 10%) − 1 = 4.5%

銆愪緥椤�·鍠伕椤屻€戞煇浼佹キ(y猫)鐨勮硣鐢�(ch菐n)鍑堝埄鐜囩偤 20%锛岃嫢鐢�(ch菐n)娆婃瘮鐜囩偤 1锛屽墖娆婄泭鍑堝埄鐜囩偤( )銆�

A.15%

B.20%

C.30%

D.40%

銆愮瓟妗堛€慏

銆愯В鏋愩€戠敱浜庣敘(ch菐n)娆婃瘮鐜囩偤1 鍗宠矤鍌甸櫎浠ヨ偂鏉辨瑠鐩�=1锛岄偅涔堟瑠鐩婁箻鏁�(sh霉)=璩囩敘(ch菐n)/鎵€鏈夎€呮瑠鐩�=2锛屾瑠鐩婂噲鍒╃巼=璩囩敘(ch菐n)鍑堝埄鐜�*娆婄泭涔樻暩(sh霉)=20%*2=40%鎵€浠�锛岄伕闋匘鏄纰虹殑

銆愪緥椤屻€慉BC 鍏徃鏈勾鍙婁笂骞存湁闂滆病鍕欐瘮鐜囧涓嬭〃锛�

閬嬬敤鍥犵礌鍒嗘瀽娉曚緷鐓х嚐妤�(y猫)鍑堝埄鐜�銆佺附璩囩敘(ch菐n)鍛ㄨ綁鐜�銆佹瑠鐩婁箻鏁�(sh霉)鐨勯爢搴忓垎鏋愭瑠鐩婂噲鍒╃巼璁婂嫊鐨勫師鍥�銆�

鍒嗘瀽锛氭湰骞存瑠鐩婂噲鍒╃巼=4.533%×1.5×2.0833=14.17%

涓婂勾娆婄泭鍑堝埄鐜�=5.614%×1.6964×1.9091=18.18%

鍒嗘瀽灏嶈薄锛氭瑠鐩婂噲鍒╃巼璁婂嫊锛�14.17%-18.18%=-4.01%

1.鐢变簬鐕熸キ(y猫)鍑堝埄鐜囪畩鍕曠殑褰遍熆锛�

(4.533%-5.614%)×1.6964×1.9091=-3.5%

2.鐢变簬绺借硣鐢�(ch菐n)鍛ㄨ綁鐜囪畩鍕曠殑褰遍熆锛�

5.614%×(1.5-1.6964)×1.9091=-1.7%

3.鐢变簬璨″嫏鏉犳】璁婂嫊鐨勫奖闊�

5.614%×1.6964×(2.0833-1.9091)=1.19%

涓夊€嬪洜绱犵稖鍚堝奖闊匡細-3.5%-1.7%+1.19%=-4.01%