Sean711822 · 2020年02月04日
* 问题详情，请 查看题干
问题如下：
4. What is the current value of the stock based on the second approach?
选项：
A.C$16.24.
B.C$17.65.
C.C$28.29.
解释：
A is correct.
As computed earlier, V8= 17(1.6640) = C$28.2880.
PV of V8= 28.2880/1.08728 = 14.4919
From the table with the calculation details for the solution to Problem 22,
Sum of PV of D1through D8= 1.7433
So, the value of stock V0= 14.4919 + 1.7433 = C$16.2352.
老师好，题干说是半年分红一次，这题在这算现金流的时候不需要考虑把年度分红对半分然后按照每半年来折算吗？谢谢
NO.PZ201512300100000904 问题如下 4. Whis the current value of the stobaseon the seconapproach? A.C$16.24. B.C$17.65. C.C$28.29. A is correct.computeearlier, V8= 17(1.6640) = C$28.2880.PV of V8= 28.2880/1.08728 = 14.4919From the table with the calculation tails for the solution to Problem 22,Sum of PV of through = 1.7433So, the value of stoV0= 14.4919 + 1.7433 = C$16.2352. 这道题和上一小问，一个是问terminvalue ，一个是问current value，是否意味着terminvalue 是计算8时刻的价值，而current value是计算0时刻的价值？如果这样，那么为什么第一小问也是求terminvalue，却计算0时刻的价值？
NO.PZ201512300100000904 问题如下 4. Whis the current value of the stobaseon the seconapproach? A.C$16.24. B.C$17.65. C.C$28.29. A is correct.computeearlier, V8= 17(1.6640) = C$28.2880.PV of V8= 28.2880/1.08728 = 14.4919From the table with the calculation tails for the solution to Problem 22,Sum of PV of through = 1.7433So, the value of stoV0= 14.4919 + 1.7433 = C$16.2352. 为什么要用8.72而不是4.1？
NO.PZ201512300100000904 老师好 1）为什么这题还是只算到2008年年底，而不是折现到2006年的年初的价值？虽然这里没问value of the first stage. 2) GGM or multistage 模型里是不是 都是 从后往前，数是 第一个stage， 第二个stage etc., 谢谢
NO.PZ201512300100000904 老师 这道题没有明确说用乘数法啊
C$17.65. C$28.29. A is correct. computeearlier, V8= 17(1.6640) = C$28.2880. PV of V8= 28.2880/1.08728 = 14.4919 From the table with the calculation tails for the solution to Problem 22, Sum of PV of through = 1.7433 So, the value of stoV0= 14.4919 + 1.7433 = C$16.2352.1.7433怎么按计算器，就是加总利息那个怎么按
