When deriving the equity value of a firm, an analyst forecasts the real dividends expected to be paid in the future. In this case, which
When deriving the equity value of a firm, an analyst forecasts the real dividends expected to be paid in the future. In this case, which discount rate should be used?
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A. The nominal rate of return
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B. The real rate of return
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C. The risk free rate of return
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D. The risk adjusted rate of return
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Authors: Alexander Lipton, Andrew Rennie
1st Edition
0199546789, 978-0199546787
