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- UID
- 223350
- 帖子
- 219
- 主题
- 40
- 注册时间
- 2011-7-11
- 最后登录
- 2013-8-22
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Present value of growth opportunities
Hey guys, I'm a bit confused with what's in the text and the EOC questions:
Vo = E1 /R + PVGO according to page 331 of Equity yet in question 8 of EOC, the question gives us Eo, asks us to calculate the PVGO and uses Eo instead of E1 to calculate PVGO. Have I misunderstood the formula? |
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发表于 2011-7-11 19:07
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