开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

Winnie · 2017年12月29日

问一道题:NO.PZ2017092702000009 [ CFA I ]

问题如下图:
选项:
A.
B.
C.
解释:
Winnie · 2017年12月29日

最后的N为什么不是5是4,in five quarters 这句英文具体怎么翻译?

1 个答案

吴昊_品职助教 · 2017年12月29日

在第五个季度(t=5)拿到第一笔分红。133.33算出来的是t=4时刻的价值,之后还需要再折到t=0时刻。


  • 1

    回答
  • 1

    关注
  • 358

    浏览
相关问题

NO.PZ2017092702000009 问题如下 A perpetupreferrestomakes its first quarterly vinpayment of $2.00 in five quarters. If the requireannurate of return is 6% compounquarterly, the stock’s present value is closest to: A.$31. B.$126. C.$133. B is correct. The value of the perpetuity one yefrom now is calculateas: PV = A/r, where PV is present value, A is annuity, anr is expressea quarterly requirerate of return because the payments are quarterly. PV = $2.00/(0.06/4) PV = $133.33. The value toy is (where FV is future value) PV = FV(1 + r)–NPV = $133.33(1 + 0.015)–4 PV = $125.62 ≈ $126 /sp12 /sp\frac12 /sp21​ The value toy is (where FV is future value) PV = FV(1 + r)–NPV = $133.33(1 + 0.015)–4

2024-11-04 19:14 1 · 回答

NO.PZ2017092702000009 问题如下 A perpetupreferrestomakes its first quarterly vinpayment of $2.00 in five quarters. If the requireannurate of return is 6% compounquarterly, the stock’s present value is closest to: A.$31. B.$126. C.$133. B is correct. The value of the perpetuity one yefrom now is calculateas: PV = A/r, where PV is present value, A is annuity, anr is expressea quarterly requirerate of return because the payments are quarterly. PV = $2.00/(0.06/4) PV = $133.33. The value toy is (where FV is future value) PV = FV(1 + r)–NPV = $133.33(1 + 0.015)–4 PV = $125.62 ≈ $126 /sp12 /sp\frac12 /sp21​ 如题

2024-10-26 22:31 1 · 回答

NO.PZ2017092702000009 问题如下 A perpetupreferrestomakes its first quarterly vinpayment of $2.00 in five quarters. If the requireannurate of return is 6% compounquarterly, the stock’s present value is closest to: A.$31. B.$126. C.$133. B is correct. The value of the perpetuity one yefrom now is calculateas: PV = A/r, where PV is present value, A is annuity, anr is expressea quarterly requirerate of return because the payments are quarterly. PV = $2.00/(0.06/4) PV = $133.33. The value toy is (where FV is future value) PV = FV(1 + r)–NPV = $133.33(1 + 0.015)–4 PV = $125.62 ≈ $126 /sp12 /sp\frac12 /sp21​ 看答案的解析是说, 从Q5才开始pvin可是字面上in five quarters 同样可以理解为未来5个quarters内分别p2 vin 怎么样审题才能看出是从Q5开始分红利

2024-10-03 20:17 1 · 回答

NO.PZ2017092702000009 问题如下 A perpetupreferrestomakes its first quarterly vinpayment of $2.00 in five quarters. If the requireannurate of return is 6% compounquarterly, the stock’s present value is closest to: A.$31. B.$126. C.$133. B is correct. The value of the perpetuity one yefrom now is calculateas: PV = A/r, where PV is present value, A is annuity, anr is expressea quarterly requirerate of return because the payments are quarterly. PV = $2.00/(0.06/4) PV = $133.33. The value toy is (where FV is future value) PV = FV(1 + r)–NPV = $133.33(1 + 0.015)–4 PV = $125.62 ≈ $126 /sp12 /sp\frac12 /sp21​ 请问这个两阶段模型,第一阶段是后续永续增长的利息折现到t=5,然后用P5再向前折现对吗?P5向前折现为什么不是5次方呢?

2024-09-14 20:00 1 · 回答

NO.PZ2017092702000009 问题如下 A perpetupreferrestomakes its first quarterly vinpayment of $2.00 in five quarters. If the requireannurate of return is 6% compounquarterly, the stock’s present value is closest to: A.$31. B.$126. C.$133. B is correct. The value of the perpetuity one yefrom now is calculateas: PV = A/r, where PV is present value, A is annuity, anr is expressea quarterly requirerate of return because the payments are quarterly. PV = $2.00/(0.06/4) PV = $133.33. The value toy is (where FV is future value) PV = FV(1 + r)–NPV = $133.33(1 + 0.015)–4 PV = $125.62 ≈ $126 /sp12 /sp\frac12 /sp21​ 不是经过了五个季度吗?

2024-09-05 20:17 1 · 回答