Which of the
following is a limitation of the dividend-discount model?
A: It cannot handle negative growth rates.
B: It requires accurate dividend forecasts, which is not possible.
C: It requires that the growth rate always be higher than the
required rate of return, which is not realist
D: It does not consider past earnings and performance.
following is a limitation of the dividend-discount model?
A: It cannot handle negative growth rates.
B: It requires accurate dividend forecasts, which is not possible.
C: It requires that the growth rate always be higher than the
required rate of return, which is not realist
D: It does not consider past earnings and performance.
举一反三
- Which model is always applied as a tool to analyse the relationship between risk and rates of return? A: DCF B: Growth dividend model C: CAMP D: APT
- Which one of the following will increase the maximum internal rate of growth a corporation can achieve?
- The growth rate in dividends is a function of two ratios. They are A: ROA and ROE. B: dividend yield and growth rate in stock price. C: ROE and the plowback ratio. D: book value per share and EPS.
- Historically, on average, which of the following has the highest return/growth rate? 从历史数据看，以下哪一项平均回报/增长率最高？
- Which one of the following statements is the MOST accurate? () A: Fiscal policy<br/>affects employment less under fixed than under flexible exchange rate<br/>regimes. B: Fiscal policy has<br/>the same effect on employment under fixed and flexible exchange rate<br/>regimes. C: Fiscal policy<br/>cannot affect employment under fixed exchange rate but does affect<br/>output under flexible exchange rate regimes. D: Fiscal policy<br/>affects employment more under fixed than under flexible exchange rate<br/>regimes.