问题如下:
4. Based upon the information in Exhibit 2, the intrinsic value per share of the equity of Jackson Breweries is closest to:
选项:
A. R97.67.
B. R130.22.
C. R186.03.
解释:
With a single-stage residual income (RI) model, the intrinsic value, V0, is calculated assuming a constant return on equity (ROE) and a constant earnings growth (g).