What is the duration of a common stock whose dividends are expected to grow at a constant
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What is the duration of a common stock whose dividends are expected to grow at a constant rate in perpetuity?
Common StockCommon stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
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Related Book For
Principles of Corporate Finance
ISBN: 978-0072869460
7th edition
Authors: Richard A. Brealey, Stewart C. Myers
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