Question
Why are dividends relevant to firm valuation? What is cost of equity (and not WACC) the appropriate discount rate to use in dividend based valuation
Why are dividends relevant to firm valuation? What is cost of equity (and not WACC) the appropriate discount rate to use in dividend based valuation model? Can you use the dividend discount model to value a firm that do not pay periodic dividends? Why or Why not?
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Handbook Of Asset And Liability Management Volume 2
Authors: S. A. Zenios, W. T. Ziemba
1st Edition
0444528024, 978-0444528025
