C6.2. The historical earnings growthrate for the S&P 500 companies has been about 8.5 percent. Yetthe required
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C6.2. The historical earnings growthrate for the S&P 500 companies has been about 8.5 percent. Yetthe required growth rate for equity investors is considered to be about 12percent. Canyouexplain the inconsistency?
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Related Book For
Financial Statement Analysis And Security Valuation
ISBN: 9780071267809
4th International Edition
Authors: Penman-Stephen-H, Steven Penman
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