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标题: Asset Valuation（资产估价）相关习题17 [打印本页]

作者: cfaspace 时间: 2006-4-27 14:55 标题: 每天一练：Asset Valuation（资产估价）相关习题17

Which of the following statements concerning security valuation is FALSE?

Determining the value of a company with supernormal growth requires finding the present value of the dividends during the supernormal growth and adding that to the present value of the stock computed for the period of normal growth.

A firm with an expected dividend payout ratio of 40%, a required rate of return of 12%, and a dividend growth rate of 5% has an estimated price to earnings (P/E) ratio of 5.7.

The top-down valuation approach requires an assessment of industry influences on the company's value first, then stock-specific influences.

A firm with a 20% return on equity (ROE) and a dividend payout ratio of 30% will have a sustainable growth rate of 14%.

The correct answer was C) The top-down valuation approach requires an assessment of industry influences on the company's value first, then stock-specific influences.

The top-down valuation approach requires an assessment of general economic conditions first, then industry influences on the company’s value, and then stock-specific influences.

作者: coolcobra 时间: 2006-5-4 18:23

zz

作者: yangdr 时间: 2006-6-1 14:01

c

作者: aqsz 时间: 2006-7-3 16:52

c

作者: catchyou 时间: 2006-8-4 12:12

ding

作者: qfren1982 时间: 2006-8-6 19:02

b

作者: wwamy 时间: 2006-8-15 14:17

what

作者: hwq70823 时间: 2006-10-1 17:00

b

作者: pippi 时间: 2006-10-6 22:02 标题: well done

[em01]

作者: abner_wang 时间: 2006-11-8 13:56

c

作者: caca 时间: 2006-11-20 20:13

c

作者: wilwidon 时间: 2006-11-21 14:26

a

作者: fujiaqi 时间: 2007-5-14 12:01

a

作者: Jeggian 时间: 2007-5-15 11:47

a

作者: liaoyunhe 时间: 2007-5-16 17:40

g

作者: 036251 时间: 2007-5-17 12:49

C

作者: x-stephon 时间: 2007-5-28 19:42

c

作者: solo123 时间: 2007-5-28 23:00

c

作者: hollow 时间: 2007-11-22 18:42

?

作者: fionzheng 时间: 2008-4-16 15:48

d

作者: coolguy889 时间: 2008-5-4 09:59

c[em01]

作者: coolguy889 时间: 2008-5-4 09:59

[em01]

作者: elliderek 时间: 2008-9-9 13:25

1

作者: owenbaggio 时间: 2008-9-14 15:03

作者: natty 时间: 2008-10-31 22:45

a

作者: natelee 时间: 2009-11-11 11:38

32142

作者: kimchi123 时间: 2009-11-12 00:57

作者: justkidding 时间: 2009-11-12 22:09

 c

作者: jeffliu123456 时间: 2009-11-13 19:22

c

作者: hijacker 时间: 2009-11-14 16:38

 c

作者: lzucoconut 时间: 2009-11-17 13:58

？

作者: mytharron 时间: 2009-11-23 12:55

c

作者: sadkto 时间: 2009-11-29 19:20

a

作者: silentsniper 时间: 2009-12-1 14:24

c

作者: cfa100 时间: 2009-12-3 14:25

thanks

作者: mia0915 时间: 2010-1-7 15:36

看答案

作者: kongwood1119 时间: 2010-2-14 09:27

C

作者: stephaniezwt 时间: 2010-3-14 05:44

 c

作者: stochasticser 时间: 2010-3-14 10:42

thanks for sharing

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