问题如下:
Peter collectes the following information from a company Y:
Based on the information provided, the price/earnings multiple for the company Y is closest to:
选项:
A.7.5
B.8.3
C.4.9
解释:
B is correct.
为什么不能这么算:
P/E1=(1-b)/{(r-g)*E1}=(1-0.5)/(6*6%)
b=0.5=(6-3)/3 RR=预期earning-预期dividend