问题如下:
4. Based on Khan’s estimate of the capitalization rate, Main Company’s preferred stock is:
选项:
A.undervalued.
B.fairly valued.
C.overvalued.
解释:
A is correct.
The value of a share of Main Company’s preferred stock is
The current price of a share of Main Company’s preferred stock is $42, so the stock is currently undervalued.
用分红2.75除以市场价格42,得到discount rate=6.5%。analyst给出的rate=6%。我可以用这两个数值比较嘛?请问用discount rate比较是不具有经济价值嘛?