NO.PZ2016021705000035
问题如下:
An analyst gathered the following information about a company and the market
Using the Capital Asset Pricing Model (CAPM) approach, the cost of retained earnings for the company is closest to:
选项:
A.13.6%.
B.15.7%.
C.16.1%.
解释:
B is correct.
Using the CAPM approach, 4% + 1.3 x (13% - 4%) = 15.7%.
如何理解 cost of retained earnings 需要考虑拿走分红吗?