问题如下:
What's the value of a stock which will pay a dividend of $3 next year with a constant growth of 3% and the required rate of return of 8%?
选项:
A. $27.27.
B. $60.00.
C. $87.27.
解释:
B is correct.
$3 / (0.08 - 0.03) = $60.
请问3不是应该是d0吗?不是d1吗?不是要用3*1.03/r-g吗?