NO.PZ202504180100010603
问题如下：
Using the data in Exhibit 1 and following Eckhart’s suggestions regarding the valuation of ZTL, the most appropriate conclusion that Barton should make about the ZTL shares is that the fund should:选项：
A.A.take a long position in ZTL. B.B.not add ZTL to the portfolio. C.C.take a short position in ZTL.解释：
- evaluate whether a stock is overvalued, fairly valued, or undervalued by the market based on a DDM estimate of value
老师，请问题目中ZTL公司经计算而得的Re = 2.94%+1.2*6.28% = 10.476%和题目中的已知Re = 10.48%近似，可以直接用已知的Re来算Price吧。还是需要用CAPM模型来求Re？如果结果不一致应该用哪个？
