The value of financial assets is the discounted value of the future cash flow income of the asset, and the change in interest rate and the value of financial assets are always in the same direction()
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The profitability of enterprises at different stages of development is different, the growth rate of profit in the start-up period and the rising period is relatively slow, while the profit growth rat
The capital asset pricing model reveals that the risk premium is also high for portfolio investment with higher systematic risk()
Under certain conditions of risk-free interest rate, the high or low cash flow of financial assets is the main factor determining the market price of financial assets()
P/E is the ratio of the market value of the stock to earnings per share()