NO.PZ2018103102000077
问题如下:
The analyst has estimated that Company M`s dividends are expected to grow indefinitely at 6% even though the current price implies a growth rate of 5% during the same period. Which of the following statements is correct?
选项:
A.
The stock price is fairly valued.
B.
The stock price is overvalued.
C.
The stock price is undervalued.
解释:
C is correct.
考点:Implied Dividend Growth Rate
解析:当前股票价格所反映的增长率小于分析师预期的增长率,表明股票价格被低估了。
老师 我可以理解为implied g是通过现有股价推导,但分析师expected g更具有说服力,因此对比时以分析师分析为准?