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151****3881 · 2024年05月14日

没明白

NO.PZ2024021802000058

问题如下:

A company is accused of having poor labor practices. Does this change the discounted cash flow (DCF) valuation model of the company?

选项:

A.No

B.Yes, the discount rate increases

C.Yes, the discount rate decreases

解释:

B is correct because besides specific impacts onestimates regarding future revenues, costs and potential liabilities in acompany’s financial analysis, analysts might decide to raise the discount rateto reflect a higher risk profile if a company does not manage social factorsappropriately.

此题啥意思,讲义啥位置?

1 个答案

pzqa38 · 2024年05月15日

嗨,爱思考的PZer你好:


帮您标出来了,折现率是在分母的位置上,影响估值水平。因为折现率代表的是公司的风险水平,如果社会因素做的不好,就会增加公司的风险,提高折现率。

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