NO.PZ2018103102000092
问题如下:
Matt wants to use the Gordon growth model to find a justified leading P/E for the Company M. He has assembled the information in the given table.
Based on the justified leading P/E and the actual leadingP/E, determine whether the stock is fairly valued, overvalued, or undervalued?
选项:
A.Overvalued.
B.Fairly valued.
C.Undervalued.
解释:
B is correct.
考点:Gordon Growth Model
解析:
Actual leading P/E = 37.6/1.88 = 20
两者相等,所以股票被正确定价。
Actual P/E=20.88, Expected P/E=20, 这不是高估了吗?是不是因为这题忽略小数点了,考试不会出现这种问题吧?