NO.PZ2015122801000048
问题如下：
What's the value of a stock which will pay a dividend of $3 next year with a constant growth of 3% and the required rate of return of 8%?
选项：
A.$27.27.
B.$60.00.
C.$87.27.
解释：
B is correct.
$3 / (0.08 - 0.03) = $60.
B是正确的。
本题考察的是GGM的公式应用。
V0 = D1/(r – g) = 3 / (0.08 – 0.03) = $60
视频里没讲过，能不能详细说说
