40.假設某公司合理本益比為 15 倍,其現金股利發放率為 30%,且預期現金股利成長率為 10%,
若高登模式(Gordon Model)成立,請問該公司股票之必要報酬率為何?
(A)10.20%
(B)12.20%
(C)13.20%
(D)14.20%
答案:登入後查看
統計: A(62), B(472), C(137), D(63), E(0) #1906754
統計: A(62), B(472), C(137), D(63), E(0) #1906754
詳解 (共 6 筆)
#3749419
15=0.3(1+0.1)/(必-0.1)
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#6592650
高登模式:P = D₁ ÷ (r - g)
本益比:P/E = P ÷ EPS
股利發放率:D₁/EPS = 30%
15 P/E
= (D₁ ÷ (r - g)) ÷ EPS
= (D₁/EPS) ÷ (r - g)
= 股利發放率 ÷ (r - g)
本益比:P/E = P ÷ EPS
股利發放率:D₁/EPS = 30%
15 P/E
= (D₁ ÷ (r - g)) ÷ EPS
= (D₁/EPS) ÷ (r - g)
= 股利發放率 ÷ (r - g)
= 30% ÷ (r - 10%)
ㅤㅤ
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