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第9章 股票估值课件.ppt 81页

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第 9 章;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;例9.1 股票价格和回报率;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;例9.2 对具有固定股利增长率的公司估值;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;例9.3 为盈利性增长而削减股利;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;例9.4 非盈利性增长;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;例9.5 对具有两个不同增长率的公司估值;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;Copyright ? 2007 Pearson Addison-Wesley. All rights reserved.;例9.6 股票回购时的估值;Copyright ? 2007 Pearson Addison-We

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