Question

路人訪客

請問一下哪裡可判斷出來是使用固定成長模式公式？

DIV2/P1= $1.25/$18.90 0.0661 = 6.61%
2. Stormy Weathers has no attractive investment opportunities. Its return on equity equals the discount rate,
which is 10%. Its expected earnings this year are $4 per share, Fill the following table and show the
calculation process."
WANN
Plowback Ratio-
Growth Rate.
Stock Price
P/E Ratio
a.-
b.
C.
0.4.
e.
f
0.8-
h.
i.
Sol.-
a. Plowback ratio=0) > DIV1 = $4 and g = 0.
b. Therefore: Po
P/E ratio= $40/S4= 10.
= $40.00
0.10 - 0
d. Plowback ratio = 0.40 = DIV1 = $4(1 – 0.40) = $2.40 and g= 10% x 0.40 = 4%
$2.40
Therefore: P.
= $40.00 5
f.
P/E ratio= $40/$4= 10.
0.10 -0.04
Plowback ratio=0.80 = DIV1 = $401 – 0.80) = $0.80 and 9= 10% x 0.80 = 8%
P:
x