问题如下：
A Canadian company in the consumer staples sector with a required rate of return of 7.35%. Recent media reports suggest that ABC might be a takeover candidate. Peters and her team estimate that if a new government takes office in Canada, then the ABC will likely grow by 3.5% indefinitely.
If Peters and her team use the Gordon growth model and assume that Company ABC stock is fairly valued, then which of the following would most likely be true?
选项：
A.The total return of ABC stock will be 10.85%.
The dividend yield of ABC stock will be 3.85%
The stock price of ABC will grow at 7.35% annually
解释：
In the Gordon growth model, Total return = Dividend yield + Capital gains yield (i.e., constant growth rate). When a stock is fairly valued, the expected total return will equal the required return or discount rate (i.e., 7.35%). In the case of ABC, the total return is 7.35% and the capital gains yield is 3.5%. Therefore, the dividend yield is 7.35% – 3.5% = 3.85%
请问下这个条件assume that Company ABC stock is fairly valued，体现在解答过程的哪里啊？直接用DDM好像也能出结果？
我知道如果assume that Company ABC stock is fairly valued，那么E（R）＝ re，这个条件必要性在哪里啊？DDM的公式不就是re ＝ 分红收益 ＋ CG吗，好像2个数都有了可以直接求？
