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How can we say that price equals the present value of all future dividends when many real investors may be simply seeking capital gains and
How can we say that price equals the present value of all future dividends when many
real investors may be simply seeking capital gains and planning to hold their shares
for only a year or two?
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Fundamentals Of Corporate Finance
Authors: Berk, Peter DeMarzo, Jarrad Harford
3rd Global Edition
1292018402, 9781292018409
