NO.PZ2018103102000085
问题如下:
Matt is evaluating the value of Company M by using the dividend discount model. The most recent dividend and the required rate of return are $0.5 per share and 10%, respectively. The company will experience a highly growth of 10% at the first two years, followed by a 5% of growth in another two years. Thereafter, the dividend growth rate would be 3% per year into the indefinite future. What's the value of Company M?
选项:
A.$8.16
B.$8.64
C.$9.67
解释:
考点:Three Stage Model
解析:
老师您好,这道题我用计算器NPV功能计算的,发现CF0如果输入0.5的话计算结果就不正确,输入0就和答案一样。请问这里的第0期的CF0为什么不用输入0.5这个数值呢?