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- UID
- 223457
- 帖子
- 298
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- 注册时间
- 2011-7-11
- 最后登录
- 2014-8-7
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you need to pay less of a spread (difference in rates) for the quality difference between this stock and some other stock. Less Spread is usually better.
rate at which you discount the cash flows is affected by the spreads..
so if a lower spread is attached to a stock - it will be discounted at a lower rate - and when that happens - value goes up.
CP |
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发表于 2011-7-11 19:15
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