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1. The Dutch East India Company was the first to issue stocks to finance its business. What were the characteristics of this stock issue? How

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1. The Dutch East India Company was the first to issue stocks to finance its business. What were the characteristics of this stock issue? How are stocks different from Bonds. How do these differences impact the valuation of stocks as a financial product? Discuss the use of perpetutity valuation from Time Value of Money as a framework for the valuation of stocks. 1. The Dutch East India Company was the first to issue stocks to finance its business. What were the characteristics of this stock issue? How are stocks different from Bonds. How do these differences impact the valuation of stocks as a financial product? Discuss the use of perpetutity valuation from Time Value of Manayasa framework for the valuation of stocks

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