问题已解决
由于未來(lái)保持當(dāng)前的經(jīng)營(yíng)效率和財(cái)務(wù)政策不變,故股利年增長(zhǎng)率=可持續(xù)增長(zhǎng)率=(利潤(rùn)留存率×權(quán)益凈利率)/(1-利潤(rùn)留存率×權(quán)益凈利率),老師這個(gè)股利增長(zhǎng)率為什么這么求?
FAILED
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由于未來(lái)保持當(dāng)前的經(jīng)營(yíng)效率和財(cái)務(wù)政策不變,故股利年增長(zhǎng)率=可持續(xù)增長(zhǎng)率=(利潤(rùn)留存率×權(quán)益凈利率)/(1-利潤(rùn)留存率×權(quán)益凈利率),老師這個(gè)股利增長(zhǎng)率為什么這么求?