NO.PZ2022061307000078
问题如下：
Question
An investor gathers the following data to estimate the intrinsic value of a company’s stock using the justified forward price-to-earnings ratio (P/E) approach.
The intrinsic value per share is closest to:
选项：
A.$36.00 B.$48.00 C.$72.00解释：
Solution
A is correct. Given that the intrinsic value is P0 = P0/E1 × E1 and the justified forward P/E is P0/E1 = p/(r – g), where p = payout ratio,
sustainable growth rate g=ROE*b 老师这个怎么理解？
