帕斯CFA · 2024年02月14日
NO.PZ2023040301000144
问题如下：
An investor evaluating a company's common stock for investment has gathered the following data.
The value per share of this common stock is closest to:
选项：
A.$28.57
$31.57
$38.7
解释：
Current year's dividend per share =$2.50x0.6=$1.50
V=1.50(1.25)/1.12+1.50(1.25)2/1.122+1.50(1.25)2(1.05)/(0.12-0.05)}/1.122 = $1.67+$1.87+ 28.03 =$31.57
在第二阶段，我用1.87*1.05/0.07=28.05
为什么和标答相差了0.02呢
NO.PZ2023040301000144问题如下 investor evaluating a company's common stofor investment hgatherethe following ta.The value per share of this common stois closest to: A.$28.57B.$31.57C.$38.7 Current year's vinper share =$2.50x0.6=$1.50V=1.50(1.25)/1.12+1.50(1.25)2/1.122+1.50(1.25)2(1.05)/(0.12-0.05)}/1.122 = $1.67+$1.87+ 28.03 =$31.57 current year不是t0吗？怎么是t1？
NO.PZ2023040301000144 问题如下 investor evaluating a company's common stofor investment hgatherethe following ta.The value per share of this common stois closest to: A.$28.57 B.$31.57 C.$38.7 Current year's vinper share =$2.50x0.6=$1.50V=1.50(1.25)/1.12+1.50(1.25)2/1.122+1.50(1.25)2(1.05)/(0.12-0.05)}/1.122 = $1.67+$1.87+ 28.03 =$31.57 这题能用计算器吗
NO.PZ2023040301000144问题如下 investor evaluating a company's common stofor investment hgatherethe following ta.The value per share of this common stois closest to: A.$28.57B.$31.57C.$38.7 Current year's vinper share =$2.50x0.6=$1.50V=1.50(1.25)/1.12+1.50(1.25)2/1.122+1.50(1.25)2(1.05)/(0.12-0.05)}/1.122 = $1.67+$1.87+ 28.03 =$31.57 除了vint0的2.5不增长么？
NO.PZ2023040301000144 问题如下 investor evaluating a company's common stofor investment hgatherethe following ta.The value per share of this common stois closest to: A.$28.57 B.$31.57 C.$38.7 Current year's vinper share =$2.50x0.6=$1.50V=1.50(1.25)/1.12+1.50(1.25)2/1.122+1.50(1.25)2(1.05)/(0.12-0.05)}/1.122 = $1.67+$1.87+ 28.03 =$31.57 为什么不是直接等于1.5（1+25%)^2
第一阶段有两年而不是一年