Classify each statement, which involves calculating the present value (or price) of a stock, as true or false. True False It is not possible to approximate the price of a stock because there are an infinite number of dividend payments in the future. Dividends depend on the future profitability of a company and thus cannot be known with certainty The price of a share of stock should be equal to the present value of all dividend payments. Stocks do not have maturity dates. Answer Bank