ZhouJo · 2021年03月17日
NO.PZ2018103102000091
问题如下：
Company M is expecting to pay 40% of its net income as dividend to shareholders, with a long-term growth rate of 5.5%. The discount rate is 8.2%. What`s the justified leading P/E according to the Gordon growth model?
选项：
A.14.81
B.17.31
C.22.22
解释：
A is correct.
考点：Gordon Growth Model
解析：根据公式：
这题怎么看是用D0的公式还是D1的公式呢 我是两个都试了只有D1有答案才选的，题干中没看出来要求
NO.PZ2018103102000091 问题如下 Company M is expecting to p40% of its net income vinto shareholrs, with a long-term growth rate of 5.5%. The scount rate is 8.2%. What`s the justifieleang P/E accorng to the Gorn growth mol? A.14.81 B.17.31 C.22.22 A is correct.考点Gorn Growth Mol解析根据公式Justifie leang P/E=P0E1=1−br−g=40%8.2%−5.5%=14.81Justifie;leang\;P/E=\frac{P_0}{E_1}=\frac{1-b}{r-g}=\frac{40\%}{8.2\%-5.5\%}=14.81JustifieeangP/E=E1P0=r−g1−b=8.2%−5.5%40%=14.81 请问1-b不是=1-40%=0.6吗？g=ROE*（1-b）不是吗？
NO.PZ2018103102000091 在遇到新的题目的时候怎么确定哪个是E1哪个是E0
老师为什么为什么这题用scount Rate代替Require Rate of Return?
老师~1-b=e是么？但是在这道题为什么不可以使用，e/r-g?
