NO.PZ2015122801000047
问题如下：
An analyst has estimated the intrinsic value of company A's stock would be $25, what's the required rate of return of a stock if the most recent dividend was $2 and dividends are expected to grow at 3%?
选项：
A. 8.24%.
B. 11.24%.
C. 14.24%.
解释：
B is correct.
$2(1.03) / (r - 0.03) = $25.00, and r=11.24%.
DDM不也是这个公式吗？请问DDM与GGM的逻辑关系是怎样的？可否详细解释一下二者的区别与联系以及应用？谢谢。