公司理财精要版第版Chap.pptVIP

6.* www: Click on the web surfer to go to Bloomberg to get the current Treasury yield curve * * * * * * * 学生在应用股利贴现模型时最容易犯的错误是使用错误的股利信息。记得强调我们现在要求的是现值，因此要用到的是在下一期即将收到的股利，而不是现在已经付过的股利了。 * * * * It may be good to point out that we have assumed the discount rate is constant; however, it could change across periods, or even across years. * * * * 注意假定起点为2009年1月1日。 * * * * * * * * * * * 这里的信息与前面的YTM计算是相同的，在那一张幻灯片上，YTM是8%。 * 6.* 6.* 6.* This is standard terminology in the US – but it may not transfer to other countries. For example, debentures are secured debt in the United Kingdom. Lecture Tip: Dom