Question
If firms do not pay any dividends, then we cannot use the Dividend Growth Model (DGM) to evaluate the stock price. In such circumstance, do
If firms do not pay any dividends, then we cannot use the Dividend Growth Model (DGM) to evaluate the stock price. In such circumstance, do we have any other ways to evaluate the stock price? Explain. Research the Standard and Poor dividend yield and then pick a company and identify its dividend yield.
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
7th Edition
0030333288, 9780030333286
