Chapter13StockMarketAnalysis(投资与投资组合管理)详解.pptVIP

Lecture Presentation Software to accompanyInvestment Analysis and Portfolio ManagementSeventh Editionby Frank K. Reilly Keith C. Brown Chapter 13Stock Market Analysis Questions to be answered: How do we apply the basic reduced form dividend discount model (DDM) to the valuation of the aggregate stock market? What would be the prevailing value of the market as presented by the SP 400 based upon the reduced form DDM? What would be the prevailing value of the market (SP 400) based upon the value of free cash flow to equity (FCFE) model? Chapter 13Stock Market Analysis What are the two co