Lewellen (2004) makes a strong case for why financial ratios, such as dividend yield, book-to-market ratio and
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Lewellen (2004) makes a strong case for why financial ratios, such as dividend yield, book-to-market ratio and earnings per share, will predict prices. Discuss this argument and his main findings to support his view.
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In his 2004 paper Lewellen argues that financial ratios including dividend yield booktomarket ratio ...View the full answer
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Related Book For
Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
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