Question
In the constant growth model, which variable change will make the value of a stock go down, other things constant? An increase in the next
In the constant growth model, which variable change will make the value of a stock go down, other things constant?
| An increase in the next expected dividend. | ||
| An increase in the growth rate of dividends. | ||
| A decrease in the required return. | ||
| An increase in the required return. |
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
