Question
Suppose you are valuing a constant growth stock. What impact on value would an increase in the expected growth rate have? No impact Increase the
Suppose you are valuing a constant growth stock. What impact on value would an increase in the expected growth rate have?
No impact
Increase the stock price
Decrease the stock price
Cannot be determined from the information given
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
5th edition
321280299, 321280296, 978-0321280299
