问题如下:
Jacques is the portfolio manager of AB pension and she considers adding PZ Inc. to her portfolio. Previously, she believed the company would have extraordinary growth for 4 years and normal growth thereafter. After carefully considering the characteristics of the company and its competitors, she is wondering what the consequences would be if the duration of the first stage was assumed to be 8 years instead of 4, with all the other assumptions/estimates remaining the same. Which of the following statement is true?
Statement 1: If the H model is used, the total value estimated would increase.
Statement 2: By using DDM, the proportion of the total value of the stock represented by the second stage would not change.
选项:
A.Statement 1.
B.Statement 2.
C.Both of it.
解释:
A is correct.
考点:DDM& H-model
解析:A是正确的。Statement 2错在如果较高的增长率将持续更长的时间,那么股票的价值就会上升。
这道题考核哪个知识点呢?为什么价格都会上升?