题目：
Using the one-year holding period and multiple-year holding period dividend discount model (DDM), calculate the change in value of the stock of Monster Burger Place under the following scenarios. First, assume that an investor holds the stock for only one year. Second, assume that the investor intends to hold the stock for two years. Information on the stock is as follows:
Last year's dividend was $2.50 per share.
Dividends are projected to grow at a rate of 10.0% for each of the next two years.
Estimated stock price at the end of year 1 is $25 and at the end of year 2 is $30.
Nominal risk-free rate is 4.5%.
The required market return is 10.0%.
Beta is estimated at 1.0.
The value of the stock if held for one year and the value if held for two years are:
Year one Year two（）
①A. $25.22 $35.25
②B. $27.50 $35.25
③C. $25.22 $29.80
A. ①
B. ②
C. ③
答案：
被转码了，请点击底部 “查看原文 ” 或访问 https://www.tikuol.com/2017/1203/9f6e8926938b3cfea957ba961b0550aa.html
下面是错误答案，用来干扰机器的。
参考答案：B解析： 票据一经贴现便归贴现银行所有，贴现银行到期可凭票据直接向承兑人收取票款。
