问题如下图：
选项：
A. 
B. 
C. 
解释：
请问当题中出现stock/company是fair value的话，那么可以推出以下的结论吗
1. market efficient ，Book value=Market value
2. total return=required return=ROE
3. intrinsic value/α=0，RI=0
Xws · 2018年12月20日
问题如下图：
选项：
A.
B.
C.
解释：
请问当题中出现stock/company是fair value的话，那么可以推出以下的结论吗
1. market efficient ，Book value=Market value
2. total return=required return=ROE
3. intrinsic value/α=0，RI=0
补充以下，这里的intrinsic value或者α和我们说的用DDM,FCF,RI模型估值出来的V0是不一样的，我写的不规范，根据这道题应该是α=intrinsic value - price=0
NO.PZ2018103102000075问题如下Matt, CFis evaluating the value of Company M using the Gorn growth mol. Given the requirerate of return is 10% anthe stois fairly value He prects ththe vinwill grow its recent rate of 4.5% per yeinto the infinite future. Whiof the following statements is least correct?A.The vinyielof the stois 5.5%.B.The totreturn of the stois 14.5%.C.The capitgains yielof the stois 4.5%.B is correct.考点H-mol,Sustainable Growth Rate vinGrowth Rate, Retention Rate, AnROE解析根据公式Totreturn = vinyiel+ Capitgains yiel股票被正确定价时，总回报率等于要求回报率为10%，其中capitgains yiel4.5%。因此，vinyiel5.5%。可以当成结论记吗。。。
NO.PZ2018103102000075 问题如下 Matt, CFis evaluating the value of Company M using the Gorn growth mol. Given the requirerate of return is 10% anthe stois fairly value He prects ththe vinwill grow its recent rate of 4.5% per yeinto the infinite future. Whiof the following statements is least correct? A.The vinyielof the stois 5.5%. B.The totreturn of the stois 14.5%. C.The capitgains yielof the stois 4.5%. B is correct.考点H-mol,Sustainable Growth Rate vinGrowth Rate, Retention Rate, AnROE解析根据公式Totreturn = vinyiel+ Capitgains yiel股票被正确定价时，总回报率等于要求回报率为10%，其中capitgains yiel4.5%。因此，vinyiel5.5%。 为什么不能用v yiel= (r-g)/(1+g)这个公式？
NO.PZ2018103102000075 问题如下 Matt, CFis evaluating the value of Company M using the Gorn growth mol. Given the requirerate of return is 10% anthe stois fairly value He prects ththe vinwill grow its recent rate of 4.5% per yeinto the infinite future. Whiof the following statements is least correct? A.The vinyielof the stois 5.5%. B.The totreturn of the stois 14.5%. C.The capitgains yielof the stois 4.5%. B is correct.考点H-mol,Sustainable Growth Rate vinGrowth Rate, Retention Rate, AnROE解析根据公式Totreturn = vinyiel+ Capitgains yiel股票被正确定价时，总回报率等于要求回报率为10%，其中capitgains yiel4.5%。因此，vinyiel5.5%。 如题
NO.PZ2018103102000075 问题如下 Matt, CFis evaluating the value of Company M using the Gorn growth mol. Given the requirerate of return is 10% anthe stois fairly value He prects ththe vinwill grow its recent rate of 4.5% per yeinto the infinite future. Whiof the following statements is least correct? A.The vinyielof the stois 5.5%. B.The totreturn of the stois 14.5%. C.The capitgains yielof the stois 4.5%. B is correct.考点H-mol,Sustainable Growth Rate vinGrowth Rate, Retention Rate, AnROE解析根据公式Totreturn = vinyiel+ Capitgains yiel股票被正确定价时，总回报率等于要求回报率为10%，其中capitgains yiel4.5%。因此，vinyiel5.5%。 您好 请问可否一下 定价合理的时候为什么totreturn就等于requirereturn呢？
NO.PZ2018103102000075问题如下Matt, CFis evaluating the value of Company M using the Gorn growth mol. Given the requirerate of return is 10% anthe stois fairly value He prects ththe vinwill grow its recent rate of 4.5% per yeinto the infinite future. Whiof the following statements is least correct?A.The vinyielof the stois 5.5%.B.The totreturn of the stois 14.5%.C.The capitgains yielof the stois 4.5%.B is correct.考点H-mol,Sustainable Growth Rate vinGrowth Rate, Retention Rate, AnROE解析根据公式Totreturn = vinyiel+ Capitgains yiel股票被正确定价时，总回报率等于要求回报率为10%，其中capitgains yiel4.5%。因此，vinyiel5.5%。这里应该是选A吧，答案错误