5. Dividend discount model (S4.3) Respond briefly to the following statement: You say stock price equals the
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5. Dividend discount model (S4.3) Respond briefly to the following statement: “You say stock price equals the present value of future dividends? That’s crazy! All the investors I know are looking for capital gains.”
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Related Book For 
Principles Of Corporate Finance
ISBN: 9781264080946
14th Edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans
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