单选题
An analyst gathered the following information about a company:
The stock is currently selling for
per share. Which of the following best characterizes the:
Intrinsic value of the stock type of stock
①A.
Cyclical
②B.
Speculative
③C.
The stock is currently selling for
per share. Which of the following best characterizes the:Intrinsic value of the stock type of stock
①A.
Cyclical②B.
Speculative③C.
【正确答案】
C
【答案解析】Implied dividend growth rate = ROE × RR = 20%×0.5=10%
Intrinsic value of the stock:
Intrinsic value of the stock: