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[单选题]

Next years dividend is expected to be $2, g = 7%, and k = 12%. What is the stocks intrinsic value?

A.$28.57.

B.$40.00.

C.$42.80.

答案
B、$40.00.
解析:Using the constant growth model, $2 / (0.12-0.07) = $40.00.
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第2题

The 2-Stage Co. just paid a dividend of $1 per sha...

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第3题

Brandy Clark, CFA, has forecast that Aceler, InC., will pay its first dividend two years from now in the amount of $1.25. For the following year she forecasts a dividend of $2.00 and expects dividends

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第4题

Which of the following values is closest to the amount that should be paid for a stock tha
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A、114

B、119

C、124

D、129

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第5题

Warren Corporation will pay a $3.60 per share dividend next year. The company’s dividend is expected to grow at 4.5% per year forever. If your required return is 13%, how much will you pay for the company’s stock today?
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第6题

An analyst estimates that a stock will pay a $2 dividend next year and that it will sell for $40 at year-end. If the required rate of return is 15%, what is the value of the stock?

A.$33.54.

B.$36.52.

C.$43.95.

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第7题

Retailers such as The Gap expand by establishing new stores. To decide whether a propo

A.cost analysis

B.can sell the stock in a secondary market

C.net present value

D.cannot sell the stock until the next dividend payment

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第8题

ABC common stock is expected to have extraordinary growth of 20% per year for 2 years, aft
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第10题

? Read the article below about a company.

? Are sentences 16-22 on the opposite page 'Right' or 'Wrong'? If there is not enough information to answer 'Right' or 'Wrong', choose 'Doesn't Say'.

? For each sentence 16-22, mark one letter (A, B or C) on your Answer Sheet.

                 Kodak Is Changing the Picture

  In September 2003, Mr Carp, CEO of Kodak, announced what he called the "biggest taming point" in Kodak's history. There would, he said, be no more big investments in traditional film. He also reduced the company's dividend by 72% to finance a $3 billion investment. By 2010, Mr Carp hopes for an income of $ 20 billion. In 2002, some 70% of the company's income came from its traditional film products, the remainder from digital. By 2006, the plan is for digital income to account for 60%.

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   Companies that find their business model threatened by rapid technological change often fail to adapt successfully. Kodak is trying to take advantage of opportunities created by digital photography, such as designing easier-to-use equipment.

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A.Right

B.Wrong

C.Doesn't Say

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