问题如下:
1. What is the terminal value of the stock based on the first approach?
选项:
A.C$17.65.
B.C$31.06.
C.C$33.09.
解释:
B is correct.
The following table provides the calculations needed to compute the value of the stock using the first approach, including the calculations for the terminal value V8. As the table shows, the terminal value V8= C$31.0550.
这道题为什么最后用7%呢,如果半年是7%,那risk free rate也应该用半年的吧?