2006-4-4 02:28 AM
panda_cheung17
想問:關於dividend 同proce 的問題
想問:
根據dividend valuation model, market price = dividend / (r-g), for maturity = infinity
我想問如果r<g ==> p係-ve, 但在現實我應點理解?
因為唔係而家個growth of dividend 係大了(>r), 我唔應該係賺多了, 因此我個present value 唔係應該大了, 但反而實際係股價大跌到-ve?
thz
2006-4-4 02:34 AM
panda_cheung17
想問:
根據dividend valuation model, market price = dividend / (r-g), for maturity = infinity
我想問如果r<g ==> p係-ve, 但在現實我應點理解?
因為唔係而家個growth of dividend 係大了(>r), 我唔應該係賺多了嗎? 因此我個present value 唔係應該大了嗎, 但反而實際係股價大跌到-ve? why?
thz