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NO.PZ202105270100000201 问题如下 Calculate the impliecontribution to Cambo’s US equity return forecast from the expectechange in the P/E. The growth rate in the aggregate market value of equity is expressea sum of the following four factors: (1) growth rate of nominG, (2) the change in the share of profits in G, (3) the change in P/E, an(4) the vinyiel The growth rate of nominG is the sum of the growth of reG aninflation. The growth rate of reG is estimatethe sum of the growth rate in the labor input anthe growth rate in labor proctivity. Baseon the chief economist’s estimates, the macroeconomic forecast incates thnominG will increase 4.0% (= 0.5% labor input + 1.3% proctivity + 2.2% inflation). Assuming a 2.8% vinyielanno change in the share of profits in the economy, Cambo’s forecast of a 9.0% annuincrease in equity returns implies a 2.2% long-term contribution (i.e., 9.0% equity return − 4.0% nominG − 2.8% vinyiel from expansion in the P/E.权益总市值的增长率表示为以下四个因素的总和:(1)名义G增长率，(2)利润占G份额的变化，(3)市盈率的变化，(4)股息收益率。名义G增长率是实际G增长率和通货膨胀率之和。实际G增长率估计为劳动投入增长率与劳动生产率增长率之和。根据首席经济学家的预测，宏观经济预测显示，名义G将增长4.0%(= 0.5%的劳动投入+ 1.3%的生产率+ 2.2%的通货膨胀)。假设股息收益率为2.8%，且利润在经济中所占的份额不变，Cambo预测股权回报年增长率为9.0%，这意味着市盈率的为2.2%(即9.0%股权回报- 4.0%名义G - 2.8%股息收益率) 老师其他部分算对了，但是有个问题就是△%G=1.3%+0.5%=1.8%，算出来的是实际的G吗，我记得二级经济学里面也有这个计算，但是没印象这种算法，算出来是实际的还是名义的了

NO.PZ202105270100000201问题如下 Calculate the impliecontribution to Cambo’s US equity return forecast from the expectechange in the P/E. The growth rate in the aggregate market value of equity is expressea sum of the following four factors: (1) growth rate of nominG, (2) the change in the share of profits in G, (3) the change in P/E, an(4) the vinyiel The growth rate of nominG is the sum of the growth of reG aninflation. The growth rate of reG is estimatethe sum of the growth rate in the labor input anthe growth rate in labor proctivity. Baseon the chief economist’s estimates, the macroeconomic forecast incates thnominG will increase 4.0% (= 0.5% labor input + 1.3% proctivity + 2.2% inflation). Assuming a 2.8% vinyielanno change in the share of profits in the economy, Cambo’s forecast of a 9.0% annuincrease in equity returns implies a 2.2% long-term contribution (i.e., 9.0% equity return − 4.0% nominG − 2.8% vinyiel from expansion in the P/E.权益总市值的增长率表示为以下四个因素的总和:(1)名义G增长率，(2)利润占G份额的变化，(3)市盈率的变化，(4)股息收益率。名义G增长率是实际G增长率和通货膨胀率之和。实际G增长率估计为劳动投入增长率与劳动生产率增长率之和。根据首席经济学家的预测，宏观经济预测显示，名义G将增长4.0%(= 0.5%的劳动投入+ 1.3%的生产率+ 2.2%的通货膨胀)。假设股息收益率为2.8%，且利润在经济中所占的份额不变，Cambo预测股权回报年增长率为9.0%，这意味着市盈率的为2.2%(即9.0%股权回报- 4.0%名义G - 2.8%股息收益率) ​如题，没看懂中的这个部分假设股息收益率为2.8%，且利润在经济中所占的份额不变，Cambo预测股权回报年增长率为9.0%，这意味着市盈率的为2.2%(即9.0%股权回报- 4.0%名义G - 2.8%股息收益

NO.PZ202105270100000201 问题如下 Calculate the impliecontribution to Cambo’s US equity return forecast from the expectechange in the P/E. The growth rate in the aggregate market value of equity is expressea sum of the following four factors: (1) growth rate of nominG, (2) the change in the share of profits in G, (3) the change in P/E, an(4) the vinyiel The growth rate of nominG is the sum of the growth of reG aninflation. The growth rate of reG is estimatethe sum of the growth rate in the labor input anthe growth rate in labor proctivity. Baseon the chief economist’s estimates, the macroeconomic forecast incates thnominG will increase 4.0% (= 0.5% labor input + 1.3% proctivity + 2.2% inflation). Assuming a 2.8% vinyielanno change in the share of profits in the economy, Cambo’s forecast of a 9.0% annuincrease in equity returns implies a 2.2% long-term contribution (i.e., 9.0% equity return − 4.0% nominG − 2.8% vinyiel from expansion in the P/E.权益总市值的增长率表示为以下四个因素的总和:(1)名义G增长率，(2)利润占G份额的变化，(3)市盈率的变化，(4)股息收益率。名义G增长率是实际G增长率和通货膨胀率之和。实际G增长率估计为劳动投入增长率与劳动生产率增长率之和。根据首席经济学家的预测，宏观经济预测显示，名义G将增长4.0%(= 0.5%的劳动投入+ 1.3%的生产率+ 2.2%的通货膨胀)。假设股息收益率为2.8%，且利润在经济中所占的份额不变，Cambo预测股权回报年增长率为9.0%，这意味着市盈率的为2.2%(即9.0%股权回报- 4.0%名义G - 2.8%股息收益率) 就是我去翻了讲义，没有看到v yiel分，这里好像没有讲过？

NO.PZ202105270100000201问题如下 Calculate the impliecontribution to Cambo’s US equity return forecast from the expectechange in the P/E. The growth rate in the aggregate market value of equity is expressea sum of the following four factors: (1) growth rate of nominG, (2) the change in the share of profits in G, (3) the change in P/E, an(4) the vinyiel The growth rate of nominG is the sum of the growth of reG aninflation. The growth rate of reG is estimatethe sum of the growth rate in the labor input anthe growth rate in labor proctivity. Baseon the chief economist’s estimates, the macroeconomic forecast incates thnominG will increase 4.0% (= 0.5% labor input + 1.3% proctivity + 2.2% inflation). Assuming a 2.8% vinyielanno change in the share of profits in the economy, Cambo’s forecast of a 9.0% annuincrease in equity returns implies a 2.2% long-term contribution (i.e., 9.0% equity return − 4.0% nominG − 2.8% vinyiel from expansion in the P/E.权益总市值的增长率表示为以下四个因素的总和:(1)名义G增长率，(2)利润占G份额的变化，(3)市盈率的变化，(4)股息收益率。名义G增长率是实际G增长率和通货膨胀率之和。实际G增长率估计为劳动投入增长率与劳动生产率增长率之和。根据首席经济学家的预测，宏观经济预测显示，名义G将增长4.0%(= 0.5%的劳动投入+ 1.3%的生产率+ 2.2%的通货膨胀)。假设股息收益率为2.8%，且利润在经济中所占的份额不变，Cambo预测股权回报年增长率为9.0%，这意味着市盈率的为2.2%(即9.0%股权回报- 4.0%名义G - 2.8%股息收益率) 你好，这道题我有个困惑。我记得股票的长期收益是income return ➕ G%，为啥这道题说了LT equity return，计算的时候又要用到E/G，P/E呢？

NO.PZ202105270100000201 问题如下 Calculate the impliecontribution to Cambo’s US equity return forecast from the expectechange in the P/E. The growth rate in the aggregate market value of equity is expressea sum of the following four factors: (1) growth rate of nominG, (2) the change in the share of profits in G, (3) the change in P/E, an(4) the vinyiel The growth rate of nominG is the sum of the growth of reG aninflation. The growth rate of reG is estimatethe sum of the growth rate in the labor input anthe growth rate in labor proctivity. Baseon the chief economist’s estimates, the macroeconomic forecast incates thnominG will increase 4.0% (= 0.5% labor input + 1.3% proctivity + 2.2% inflation). Assuming a 2.8% vinyielanno change in the share of profits in the economy, Cambo’s forecast of a 9.0% annuincrease in equity returns implies a 2.2% long-term contribution (i.e., 9.0% equity return − 4.0% nominG − 2.8% vinyiel from expansion in the P/E.权益总市值的增长率表示为以下四个因素的总和:(1)名义G增长率，(2)利润占G份额的变化，(3)市盈率的变化，(4)股息收益率。名义G增长率是实际G增长率和通货膨胀率之和。实际G增长率估计为劳动投入增长率与劳动生产率增长率之和。根据首席经济学家的预测，宏观经济预测显示，名义G将增长4.0%(= 0.5%的劳动投入+ 1.3%的生产率+ 2.2%的通货膨胀)。假设股息收益率为2.8%，且利润在经济中所占的份额不变，Cambo预测股权回报年增长率为9.0%，这意味着市盈率的为2.2%(即9.0%股权回报- 4.0%名义G - 2.8%股息收益率) 比如这道题，如果考试的时候出到了，是不是直接写2.2 就可以拿分呀？