开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)｜3.2.5(安卓)APP下载

返回

若然 · 2023年04月27日

?

  1. CFA I
  2. Equity

NO.PZ2023040301000143

问题如下：

Geo Telecommunications Inc. is a fast growing company with a double-digit growth rate that is expected to continue for three more years. In his pursuit of valuing the company’s stock, Dimiter Nenkov, a free-lance equity analyst, has compiled the following data about the company:

Based on the above information, Nenkov’s best estimate of the value per share for Geo Telecommunications would be closest to:

选项：

A.

€9.73

B.

€10.13

C.

€ 17.17

解释：

老师好。请问为什么当年的FCFE20不参与折现，而是从20*1.3=26开始？即便是当年的FCFE不需要参与折现，难道不应该直接把20加到后期各笔FEFE折现得到的现值上么？

添加评论
1 个答案

王园圆_品职助教 · 2023年04月27日

同学你好，资产的价值的定义：未来产生的现金流的现值之和。

既然是未来的现金流，和现在已经发生的FCFE0，FCFF0 乃至D0这一系列0时刻的现金流就没有关系，不可以把他们计算进公司价值。

  • 1

    回答

  • 0

    关注

  • 291

    浏览
相关问题

NO.PZ2023040301000143 问题如下 Geo Telecommunications Inis a fast growing company with a uble-git growth rate this expecteto continue for three more years. In his pursuit of valuing the company’s stock, miter Nenkov, a free-lanequity analyst, hcompilethe following ta about the company:Baseon the above information, Nenkov’s best estimate of the value per share for Geo Telecommunications woulclosest to: A.€9.73 B.€10.13 C.€ 17.17 不理解3和4 beyon为什么都是0.6575

2024-02-14 00:55 2 · 回答

NO.PZ2023040301000143问题如下 Geo Telecommunications Inis a fast growing company with a uble-git growth rate this expecteto continue for three more years. In his pursuit of valuing the company’s stock, miter Nenkov, a free-lanequity analyst, hcompilethe following ta about the company:Baseon the above information, Nenkov’s best estimate of the value per share for Geo Telecommunications woulclosest to: A.€9.73B.€10.13C.€ 17.17 折现率不应该用12 wac为什么用15%？

2024-01-24 16:01 2 · 回答

NO.PZ2023040301000143 问题如下 Geo Telecommunications Inis a fast growing company with a uble-git growth rate this expecteto continue for three more years. In his pursuit of valuing the company’s stock, miter Nenkov, a free-lanequity analyst, hcompilethe following ta about the company:Baseon the above information, Nenkov’s best estimate of the value per share for Geo Telecommunications woulclosest to: A.€9.73 B.€10.13 C.€ 17.17 这题考察的是那个知识点，怎么算的

2023-12-16 10:29 1 · 回答

NO.PZ2023040301000143 问题如下 Geo Telecommunications Inis a fast growing company with a uble-git growth rate this expecteto continue for three more years. In his pursuit of valuing the company’s stock, miter Nenkov, a free-lanequity analyst, hcompilethe following ta about the company:Baseon the above information, Nenkov’s best estimate of the value per share for Geo Telecommunications woulclosest to: A.€9.73 B.€10.13 C.€ 17.17 表格中最后两列的数值是如何算出来的

2023-08-18 20:22 1 · 回答

NO.PZ2023040301000143 问题如下 Geo Telecommunications Inis a fast growing company with a uble-git growth rate this expecteto continue for three more years. In his pursuit of valuing the company’s stock, miter Nenkov, a free-lanequity analyst, hcompilethe following ta about the company:Baseon the above information, Nenkov’s best estimate of the value per share for Geo Telecommunications woulclosest to: A.€9.73 B.€10.13 C.€ 17.17 老师好，用计算器的CF功能计算时CF0要输入0才能得到正确答案？请问要怎么理解？

2023-04-28 00:04 1 · 回答