GGM

NO.PZ2015122802000165

问题如下：

An investor is considering the purchase of a common stock with a $2.00 annual dividend. The dividend is expected to grow at a rate of 4 percent annually. If the investor’s required rate of return is 7 percent, the intrinsic value of the stock is closest to:

选项：

$50.00.

$66.67.

$69.33.

解释：

C is correct.

According to the Gordon growth model, V₀ = D₁/(r – g). In this case, D₁ =$2.00 × 1.04 = $2.08, so V₀ = $2.08/(0.07 – 0.04) = $69.3333 = $69.33.

考点：GGM

注意本题D0=2，D0是已经发放的或已经宣告发放的股利，是既定事实。我们给股票估值是把它未来产生的现金流进行估计预测然后折现，从D1开始都是未来预测的股利。The dividend is expected to grow at an annual rate of 4%，说的就是D1=D0（1+g）.

is considering 分红，不是应该是D1 吗？

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王园圆_品职助教 · 2022年10月08日

嗨，从没放弃的小努力你好：

同学你好，这是英语理解的问题，读题的时候要注意分清句子各个部分的修饰关系

题干中这句话“An investor is considering the purchase of a common stock with a $2.00 annual dividend.”的意思是投资者正在考虑是否要购买一个有着2美元分红的股票的这件事情

即正在考虑的对象是购买股票这件事，和用with修饰common stock的2美元股票分红无关

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加油吧，让我们一起遇见更好的自己！

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NO.PZ2015122802000165 问题如下 investor is consiring the purchase of a common stowith a $2.00 annuvin The vinis expecteto grow a rate of 4 percent annually. If the investor’s requirerate of return is 7 percent, the intrinsic value of the stois closest to: A.$50.00. B.$66.67. C.$69.33. is correct.Accorng to the Gorn growth mol, V0 = /(r – g). In this case, =$2.00 × 1.04 = $2.08, so V0 = $2.08/(0.07 – 0.04) = $69.3333 = $69.33.考点GGM注意本题=2，是已经发放的或已经宣告发放的股利，是既定事实。我们给股票估值是把它未来产生的现金流进行估计预测然后折现，从开始都是未来预测的股利。The vinis expecteto grow annurate of 4%，说的就是=（1+g）. 以及GGM的公式不是求P0的吗？为什么是V0？

2022-10-08 02:16 1 · 回答

NO.PZ2015122802000165 为什么=2X1.04呢？

2021-05-17 06:55 1 · 回答

这道题怎样判断2是而不是的呢？还是说像这种没有强调是expecte也没有说just pai就都按算？

2018-04-16 12:24 1 · 回答

GGM

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