NO.PZ202405210200000103
问题如下:
Which of the following statements regarding the role that the trend rate of economic growth plays in forming capital market expectations is most likely correct?
选项:
A.It is an important input to discounted cash flow models of expected return. B.A higher trend rate of growth in the economy is negative in that it indicates that accelerating inflation is a current and significant concern. C.A country with a lower trend rate of growth may offer equity investors a particularly good return, if that growth has not already been priced into the market.解释:
Answer Choice (B) is incorrect. A higher trend rate of growth in the economy allows actual growth to be faster before accelerating inflation becomes a significant concern. Answer Choice (C) is also incorrect. A country with a higher trend rate of growth may offer equity investors a particularly good return if that growth has not already been priced into the market.
老师,这个A我理解的是,比如算bondr, LT, r bond= g gdp, 所以可以用做折现率
这个B的考点是什么啊,gdp增速快,是会影响inf上涨,但是不是big concern?