问题如下:
1. Which of the following is closest to Rae’s estimate of the stock’s value?
选项:
A.$10.08.
B.$10.54.
C.$10.62.
解释:
C is correct.
Using the Gordon growth model,
$$V_0=\frac{D_1}{r-g}=\frac{0.59(1+0.0530)}{0.1115-0.0530}=\$10.62$$
为什么g能取0.053?GGM不应该EPS,D的增长都一样吗?我按照0.053算的是10.02啊?