NO.PZ201512300100000901
问题如下:
1. What is the terminal value of the stock based on the first approach?
选项:
A.C$17.65.
B.C$31.06.
C.C$33.09.
解释:
B is correct.
The following table provides the calculations needed to compute the value of the stock using the first approach, including the calculations for the terminal value V8. As the table shows, the terminal value V8= C$31.0550.
Talisman pays semi-annual dividends. 这个条件在本题中不考虑吗,折现的时候不需要以半年为周期来计算么