基于MIRR和WACC的战略投融资决策模型

价值链理论认为设计环节固化了80%以上的成本要因。同理,战略投融资决策环节也可能固化了企业战略发展的大部分要因。修正了的内含报酬率划线更为科学地显示了不同投资项目的边际贡献和资金占用;加权平均的资本成本划线显示了不同筹资结构和规模下的资金成本水平。统合这两条曲线于一个平面,可以形象地展示低成本筹资与高收益投资的大致规划结果。

The value chain theory believes that the design process solidifies more than 80% of the cost factors. Similarly, the decision-making process of strategic investment and financing may also solidify most of the important factors of enterprise strategic development. Revised to evoluate crossed more scientifically shows different the marginal contribution of investment projects and capital takes up, the weighted average cost of capital line shows the different financing structure and scale of the cost of capital, unifying the two curves in a plane can vividly show the general planning of low-cost financing and high-yield investment results.