Why not see the ROE VS required return

NO.PZ2023032701000023 问题如下 Barton’s manager, George Eckhart, asks her to evaluate the stocks of two companies for possible inclusion in thfun XRail Company (XRL) anZ-Tarp Limite(ZTL), (see Exhibit 1).Exhibit 1SelecteStota for XRL anZTL anAitionMarket Information Barton anEckhart scuss the impaof a company’s growth rate on its future stoprice. Barton termines XRL’s growth rate of earnings for the periofrom 2011 to 2015 ancompares it to the current nomingrowth rate of the US economy. She conclus thXRL is likely to in the transition stage of growth.Barton's conclusion thXRL is in the transition phase is best scribeas: A.corre B.incorrect, because the company is in the supernormgrowth phase C.incorrect, because the company is in the mature phase Barton’s statement is incorrebecause the company is in the mature phase. The economy’s nomingrowth rate, from Exhibit 1, is regrowth rate + inflation = 3.7% + 2% = 5.7%.XRL’s compoungrowth rate, over the four-yeperiois 5.7%, approximately equto the economy’s growth rate.g=(3.15/2.52)1/4-1=5.7%Where g is the compoungrowth rate in earnings anEPS is earnings per share.A company in the mature phase typically hearnings growing a rate comparable to the economy’s growth rate. 老师，您好！从解析中看，2011-2015这四年earnings的复合增长率的确是5.7%，和g的名义增长率一致，所以判断为公司处于成熟发展阶段。但是如果逐年计算公司的利润增长率分别是9.9%，7.9%，3.0%，2.3%，逐年递减，从高于g增长率到低于g增长率，是否可以判断为从高速到低速的过渡期甚至衰退期呢？谢谢！

NO.PZ2023032701000023 问题如下 Barton’s manager, George Eckhart, asks her to evaluate the stocks of two companies for possible inclusion in thfun XRail Company (XRL) anZ-Tarp Limite(ZTL), (see Exhibit 1).Exhibit 1SelecteStota for XRL anZTL anAitionMarket Information Barton anEckhart scuss the impaof a company’s growth rate on its future stoprice. Barton termines XRL’s growth rate of earnings for the periofrom 2011 to 2015 ancompares it to the current nomingrowth rate of the US economy. She conclus thXRL is likely to in the transition stage of growth.Barton's conclusion thXRL is in the transition phase is best scribeas: A.corre B.incorrect, because the company is in the supernormgrowth phase C.incorrect, because the company is in the mature phase Barton’s statement is incorrebecause the company is in the mature phase. The economy’s nomingrowth rate, from Exhibit 1, is regrowth rate + inflation = 3.7% + 2% = 5.7%.XRL’s compoungrowth rate, over the four-yeperiois 5.7%, approximately equto the economy’s growth rate.g=(3.15/2.52)1/4-1=5.7%Where g is the compoungrowth rate in earnings anEPS is earnings per share.A company in the mature phase typically hearnings growing a rate comparable to the economy’s growth rate. 我理解要用EPS的变化计算g，为什么不能用vint, (1.77/0.9)1/5幂？