- Report 1: A resurgence in domestic manufacturing activity will generate long-term growth in earnings and dividends that exceeds the cost of equity.
- Report 2: Share repurchases are expected to increase. The report expresses confidence in the forecasts regarding the magnitude and timing of these repurchases.
- Report 3: The report forecasts earnings growth of 4.5%. The key growth drivers are increases in population and business creation associated with stable GDP growth of 2.75%.
Which sector report best describes a situation in which the Gordon growth model could be used to value utility stocks?
想问下1和3不适合的原因
1不适合，是因为g不可能一直超过r，这个理由对吗？
3不适合，是因为g的增长如果不是出自内因，来自GDP外因，就不适用GGM？
