Question
In the Gordon model, the dividend is expected to grow forever at a constant rate, and this rate is equal to the expected capital gain
"In the Gordon model, the dividend is expected to grow forever at a constant rate, and this rate is equal to the expected capital gain yield if the stock is priced in equilibrium." True or false?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
