劉同學(xué)
2018-05-24 10:22An analyst is attempting to value shares of the Dominion Company. The company has just paid a dividend of $0.58 per share. Dividends are expected to grow by 20 percent next year and 15 percent the year after that. From the third year onward, dividends are expected to grow at 5.6 percent per year indefinitely. If the required rate of return is 8.3 percent, the intrinsic value of the stock is closest to: A $26.00. B $27.00. C $28.00. 我用計(jì)算器算的怎么是25.08 cf0=0 c01=0.58 c02=0.7 c03=0.8 c04=0.8+31.29=32.09 i/y=8.3 cpt npv=25.08
所屬:CFA Level I 視頻位置 相關(guān)試題
來(lái)源: 視頻位置 相關(guān)試題
1個(gè)回答
Evian, CFA助教
2018-05-24 10:51
該回答已被題主采納
同學(xué)你好,$0.58是剛剛發(fā)過(guò)的Dividend,不算在折現(xiàn)里;題目給的數(shù)據(jù)不能直接用計(jì)算器的CF功能直接計(jì)算;計(jì)算過(guò)程如下圖
