问题
单项选择题
An analyst has made the following estimates for a stock:
Dividends over the next year0.60
Long-term growth rate 13%
Intrinsic value$24
The shares are currently priced at $22.
Assuming the stock price moves to intrinsic value over the next year, what is the expected return on the stockA. 9.1%.
B. 11.8%.
C. 15.7%.
答案
参考答案：B
解析：(24-22+0.60)/22=11.8%.