问题如下图:
选项:
A.
B.
C.
解释:
老师好,每一个expected rate我都去了解下缩写字母的含义,大部分我看得出来,比如:
EINFL:expected inflation rate
EGREPS:expected growth rate of EPS
EGPE:expected growth of PE
但是EINC:这个的每个字母怎么联系上expected yield of index? INC每一个字母代表什么?
NO.PZ2018103102000019 6.0 percent. 9.0 percent. C is correct. 考点Equity risk premium 解析C是正确的。根据supply si模型,股权风险溢价等于= {[(1 + EINFL)(1 + EGREPS)(1 + EGPE) − 1.0] + EINC}−Expecterisk-free return EINFL = 4.5% per yeEGREPS = 6.5 percent per yeEGPE = 2 percent per yeEINC = 1.5 percent per yeRF= 6 percent per ye带入公式, 我们可以得到:{[(1.045)(1.065)(1.02) − 1.0] + 0.015} − 0.06 = 0.09 = 9 percent.答案乘以通胀率1+4.5%
请问这一类型系列的公示怎么记住?好像有点乱脑子里