Value = Expected Cash Flow Next Period / (r - g)
where,
r = Discount rate (Cost of Equity or Cost of Capital)
g = Expected growth rate
小弟想知道这个公式是怎么推出来的,请高手指点,谢谢
gs-wangjc 发表于 2009-7-24 22:05
Value = Expected Cash Flow Next Period / (r - g)
where,
r = Discount rate (Cost of Equity or Cost of Capital)
g = Expected growth rate
小弟想知道这个公式是怎么推出来的,请高手指点,谢谢