Can anyone point to where in CFA or Schweser this is covered?
P0/E1 = (D1 / E1) / (k - g) its on page 0158 v3 of CFAI readings. G= ROE (1 - D/E) where D/E Dividenf/Earnings aka the PAYOUT ration. k = RF + Market Risk Premium
thanks bro. good luck
u2 - lets get our gameface on and go kick the shit out of this!
Funk the L2’ers. I’m gettin the treehouse and pulling up the ladder.