Question
In Dividend Discount Model , why the growth rate g is deducted from the required rate of return at denominator rather than multiplying (1+g) to
In Dividend Discount Model , why the growth rate g is deducted from the required rate of return at denominator rather than multiplying (1+g) to the dividend at numerator in the equation?
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Introductory Course On Financial Mathematics
Authors: M V Tretyakov
1st Edition
1908977388, 978-1908977380
