公司理财-第6章.pptVIP

Stock Valuation Key Concepts and Skills Understand how stock prices depend on future dividends and dividend growth Be able to compute stock prices using the dividend growth model Understand how growth opportunities affect stock values Understand the PE ratio Understand how stock markets work Chapter Outline 6.1 The Present Value of Common Stocks 6.2 Estimates of Parameters in the Dividend-Discount Model 6.3 Growth Opportunities 6.4 The Dividend Growth Model and the NPVGO Model 6.5 Price-Earnings Ratio 6.6 Some Features of Common and Preferred Stock 6.7 The Stock Markets 6.1 The PV of