问题
单项选择题
An analyst gathers the following information about Sunshine Industry and its common stock:
Common annual dividend per share (D0) | $3.50 |
Growth rate of dividends | 7% |
Required rate of return on the stock | 16% |
A. $23.41
B. $38.89
C. $41.61
答案
参考答案:C
解析:
采用戈登增长模型:P=D0(1+g)/(k-g)=$3.50×(1+7%)/(16%-7%)=$41.61。