Char
2023-08-16 01:13Q3, 請講解
所屬:CFA Level I > Corporate Issuers 視頻位置 相關(guān)試題
來源: 視頻位置 相關(guān)試題
1個回答
Alex助教
2023-08-16 09:30
該回答已被題主采納
你好同學(xué)
書上有這么一個知識點
The value of a company is the value of its existing investments plus the NPVs of all its future investments, accounting for any externalities. If an analyst learns of an investment, the impact of that investment on the company’s stock price will depend on whether the investment’s profitability is more or less than expected.
只看第一句,股價的變動應(yīng)該與新項目的NPV一致。
題目中新項目的NPV是$300M,那么每股應(yīng)該上漲300/200=$1.5,股價就變成了36+1.5=37.5
