HG · 2020年09月12日

问一道题：NO.PZ201601200500004803

1. CFA II
2. Corporate Issuers

* 问题详情，请 查看题干

问题如下：

3. Based on Exhibit 1 and the mean of each of the valuation ratios, Logan’s estimate of Durtech’s value per share should be closest to:

选项：

A.

$30.44.

B.

$33.67.

C.

$34.67.

解释：

B is correct.

Step 1. Compute Valuation Ratios

Step 2. Apply to Durtech’s Variables

Step 3. Determine Mean Value: (33 + 34 + 34)/3 = $33.67 per share

这道题不太严谨吧，为啥不考虑takeover premium？题目中没说是transaction的方式啊