问题如下:
In the FCFE model, the intrinsic value of a stock is calculated as:
选项:
A.the present value of expected FCFE in the future.
B.the present value of future expected FCFE minus fixed capital investment.
C.the present value of future expected FCFE plus net borrowing.
解释:
A is correct.
In the FCFE model, stock's intrinsic value is estimated by discounting expected future FCFE to current value. There is no need for further adjustment.
请解释一下这个知识点的概念