问题如下图：
选项：
A. 
B. 
C. 
解释：
这道题怎样判断2是D0而不是D1的呢？还是说像这种没有强调是expected，也没有说just paid，就都按D0算？
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？
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）. is consiring 分红，不是应该是 吗？
NO.PZ2015122802000165 为什么=2X1.04呢？
