问题如下图:
选项:
A.
B.
C.
解释:
这里考察的是哪里的内容呢?为何毫无头绪。。。另外答案还是没有懂。。
NO.PZ2015121810000044 问题如下 Other things equal, equilibrium price-to-earnings ratios (P/Es) will most likely crease if: A.reinterest rates crease. B.inflation is expecteto increase. C.there is less uncertainty about future inflation. B is correct.Other things being equal, increase in inflation expectations woulresult in lower equity prices relative to current earnings. This woulresult in lower equilibrium P/E ratios. 考点equity risk premium解析影响P/E中的P。P可以通过未来现金流折现求和计算, reinterest rates 的减小使得分母折现率减小,因此P变大,P/E变大。B,与A同理,影响分母折现率,因此P变小,P/E变小。C,影响分母折现率,因此P变大,P/E变大。 C为什么不对
NO.PZ2015121810000044 这里说的P变大变小,P应该是分子吧,谢谢
expecteinflation这部分不确定的补偿是一个意思吗?
通涨上升,PE ratio也会上升吧?