The following is the Dividend Discount Model (DDM) used to price stocks:
P0=C1r−g
If the assumptions of the DDM hold and the stock is fairly priced, which one of the following statements is NOT correct? The long term expected:
The following is the Dividend Discount Model (DDM) used to price stocks:
P0=C1r−g
If the assumptions of the DDM hold and the stock is fairly priced, which one of the following statements is NOT correct? The long term expected: