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Business, 16.03.2020 18:51 sidney2602
To estimate the value of a nonconstant growth stock, we can estimate the value of each dividend during the period of nonconstant growth, find the PVs of these dividends, find the value of the stock at the horizon date, find the PV of the horizon value, and then sum these PVs to find the value of the stock today. True or false
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To estimate the value of a nonconstant growth stock, we can estimate the value of each dividend duri...
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