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Schweser notes question, Study Session 11
On page 72, Why are we using a retention ratio of 1.50/3.00 which is using the CURRENT dividend/earnings when figuring out LEADING justified p/e?
It is clear on page 71 that the formula for LEADING P/E uses D1/E1 to get 1-b. |
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发表于 2013-4-28 11:19
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