标题: question about example 11 in equity on page 146 [打印本页] 作者: Bulla564 时间: 2013-5-7 03:37 标题: question about example 11 in equity on page 146
The answer for calculating forward P/E based on gordon growth model uses a retention rate based on D0/E0 … but in the reading they tell us to use D1/E1 for the retention rate in forward P/E… So my question is… which way is right?
