NO.PZ2018103102000077
问题如下：
The analyst has estimated that Company M`s dividends are expected to grow indefinitely at 6% even though the current price implies a growth rate of 5% during the same period. Which of the following statements is correct?
选项：
A.
The stock price is fairly valued.
B.
The stock price is overvalued.
C.
The stock price is undervalued.
解释：
C is correct.
考点：Implied Dividend Growth Rate
解析：当前股票价格所反映的增长率小于分析师预期的增长率，表明股票价格被低估了。
老师 我可以理解为implied g是通过现有股价推导，但分析师expected g更具有说服力，因此对比时以分析师分析为准？
