1.请问bank loan due on demand是什么意思?

2.an analyst gathers the following information about a company and the market:

current market price per share of common stock $32

Most recent dividend per share paid on common stock $2.4

expected dividend payout rate 40%

ROE 15%

BETA FOR THE COMMON STOCK 1.5

expected return on the market portfolio 12%

risk-free rate of return 4%

using the dividend discount model approach, the cost of common equity for the company is closest to:

a. 16.0%

b.16.5%

c.17.2%

我的问题是为什么不能用capm公式计算呢?

[此贴子已经被作者于2009-6-6 0:32:02编辑过]