问题如下:
Jack,an analyst of a PE, expects to buy common stock today and sell it two years later. The investors estimates dividends for the next two years are D1 and D2, and stock price two years later is P2. According to the dividend discount model, the intrinsic value of the stock is the present value of:
选项:
A. D1 and D2.
B. D1.
C. D2 , P2and D1.
解释:
C is correct.
Following the dividend discount model, the intrinsic value of a stock today is equal to present value of all future cash flows. In this instance, the intrinsic value is the present value of D1, D2, and P2.
为什么和P2有关系啊,模型里也没用到现价啊