|
此文章由 gstfree 原创或转贴,不代表本站立场和观点,版权归 oursteps.com.au 和作者 gstfree 所有!转贴必须注明作者、出处和本声明,并保持内容完整
D1=0.15 X 1.2 =0.18
D2=0.15 x 1.2^2 = 0.216
D3=0.15 x 1.2^3 = 0.2592
Dividend @ year 4: 0.15 x (1+0.2)^3 x 1.05 = 0.27216
Apply constant dividend growth model: value at year 3: 0.27216/(0.1 - 0.05)+0.2592 = 5.7024
Discount back at rate 10% and you will get current price : $4.6264
Please kindly correct me if I am wrong or making non sense (Sorry, on company laptop, no Chinese input). |
|