Question
When a firm estimates its cost of equity using the dividend discount model, which one of the following is most likely to lead to an
When a firm estimates its cost of equity using the dividend discount model, which one of the following is most likely to lead to an error in the calculation?
| firm's tax rate | ||
| beta | ||
| current stock price | ||
| next year's dividend | ||
| dividend growth rate |
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Capital As Power
Authors: Jonathan Nitzan, Shimshon Bichler
1st Edition
0415496802, 978-0415496803
