NO.PZ2022101402000010
问题如下:
An analyst estimates a required return on equity for a company using the BYPRP approach.
The analyst estimates the yield on the company’s bonds as 4.3% and a historical risk premium of 6.1% earned by equity investors relative to long-term corporate bond yields.
The estimate of the required return on equity for the company using the BYPRP approach is closest to:
选项:
A.1.8%
6.1%
C.10.40%
解释:
C is correct.
The required return on equity for the company using the BYPRP approach is estimated at 10.40%, calculated as re = 0.043 + 0.061 = 0.1040
BYPRP approach ,全称是什么?谢谢!