NO.PZ2018103102000089
问题如下:
Matt is evaluating the value of Company M by using the dividend discount model. The most recent dividend and the required rate of return are $1.0 per share and 7.5%, respectively. The company will experience a highly growth of 5% during the first three years. Thereafter, the dividend growth rate would be 3% per year into the indefinite future. What`s the value of Company M?
选项:
A. $22.66
B. $24.15
C. $25.15
解释:
B is correct.
考点:Two Stage Model
解析:
=26.44
=24.15
算多阶段为什么不加D0呢?