NO.PZ201710200100000402
问题如下：
2. Which of Castovan’s reasons best justifies the use of a residual income model to value PTU?
选项：
A.Reason 1
B.Reason 2
C.Reason 3
解释：
A is correct.
Dividend payments are forecasted to be unpredictable over Castovan’s fiveyear forecast horizon. A residual income model is appropriate when a company does not pay dividends or when its dividends are not predictable, which is the case for PTU.
老师这道题C选项是公司账上有大量的OCI，所以违反clean surplus relationship，这我理解，但我们不是学习了如何做调整吗？调整之后不是依然可以用RI model吗？
