题目
An analyst gathered the following information about a company and the market:「huixue_img/importSubject/1564548384013029376.png」Using the discounted cash flow (DCF) approach, the cost of retained earnings for the company is closest to:
选项
A.15.7%.
B.16.1%.
C.16.8%.
答案
C
解析
Answer: C The expected return is the sum of the expected dividend yield plus expected growth. The expected growth is (1-0.4)15%=9%. The expected divi?dend yield is $2.18/$28 = 7.8%. The sum is 16.8%. 这道题目问的是一位分析师收集了一家公司和市场的以下信息,使用折现现金流(DCF)方法,公司的留存收益成本最接近于:预期回报是预期股利率加上预期增长的总和。预期增长率为(1 - 0.4)15% = 9%。预期股利率为2.18元/ 28元= 7.8%。总和是16.8%因此C选项正确