本帖最後由 愛情白痴 於 1-4-2011 09:23 編輯
1.the firm ABC just reported earnings of $1.5 million. The firm will retain 40% of its earnings. the historical return on equity(ROE) was 15%, and the figure is expected to continue into the future. The firm has 300,000 shares outstanding. Suppose the returns on the risk-free asset and the market is 6% and 10% respectively.
question: usng the costant growth model. express the forecast P/E ratio (P0/E1) in terms of ROE, required returns on equity and the payout ratio and use the obtained results to discuss the factors affecting the forecast ratio.
2. 我計到INVESTMENT A IRR 高D ,而INVESTMENT B NPV 大D 咁係咪就咁答 以IRR黎計 就A好D 以NPV黎計 就B好D?
question: discuss when NPV method and IRR method, in this question, gives different ranking of 2 investments.
有無FINANCE既朋友識呢2條
THANKS A LOT  |