传统的股利折现模型在对股票定价的过程中，不能精确地确定投资者的预期收益率和未来支付的现金股利，因此存在着一定的缺陷与不足。

As the traditional stock pricing method, dividend discount model is defective in that it cannot precisely determine the expected rate of return of investors and future payment of cash dividend.

youdao

传统的股利折现模型在对股票定价的过程中，不能精确地确定投资者的预期收益率和未来支付的现金股利，因此存在着一定的缺陷与不足。

As the traditional stock pricing method, dividend discount model is defective in that it cannot precisely determine the expected rate of return of investors and future payment of cash dividend.

youdao