Tough®Man🛡 · 2020年04月20日
问题如下：
Which of the following companies is most likely to be valued applying the constant growth DDM?
选项：
A.Luxury goods.
B.A telecommunication firm.
C.A tourism firm.
解释：
B is correct.
An assumption of constant growth DDM is that the dividend growth rate should be constant and non-cyclical, so the most likely answer is a telecommunication firm. Both a luxury goods company and a tourism firm are most likely to be cyclical.
稳定的股利增长模型不应该用GGM么？
NO.PZ2015122801000053 问题如下 Whiof the following companies is most likely to valueapplying the constant growth M? A.Luxury goo. B.A telecommunication firm. C.A tourism firm. B is correct.assumption of constant growth M is ththe vingrowth rate shoulconstant annon-cyclical, so the most likely answer is a telecommunication firm. Both a luxury goo company ana tourism firm are most likely to cyclical. B是正确的。本题考察的是永续增长红利贴现模型的适用范围。因为红利假设永续增长，所以该公司一定要由稳定增长的分红现金流，该分红应该不受经济周期的影响。A和C都属于周期性行业，营业收入，利润的高低都和经济的好坏密切相关，所以不适用。B，通讯行业，无论经济好坏，人们的通讯需求不会有太大的变化，因而它的营收和分红也更可能相对稳定。选 如题，没有记得在讲义里看到这个知识点。请问在基础班讲义哪一页？
这题考到Eco里的知识点了么？为什么Tele是非周期行业？
