问题
单项选择题
An analyst gathered the following information about a common stock:
Annual dividend per share | $2.10 |
Risk-free rate of return | 7% |
Risk premium for the stock | 45 |
A. $19.09.
B. $20.00.
C. $32.40.
答案
参考答案:A
解析:
If the dividend is expected to remain constant, the value of the stock is determined by dividing the amount of the dividend by the required rate of return for the stock; $2.10/0.11=$19.09.