The dividend discount model states that the price of a share of stock should equal the present

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The dividend discount model states that the price of a share of stock should equal the present value of all future dividends per share, discounted at an interest rate commensurate with its risk. P-69

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ISE Investments

ISBN: 9781266085963

13th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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