The dividend yield of a stock is much like the current yield of a bond.Both ignore prospective capital gains or losses.
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Q6: Sustainable growth rates can be estimated by
Q7: A negative free cash flow for a
Q8: Securities with the same expected risk should
Q9: The dividend discount model states that the
Q10: Market value,unlike book value and liquidation value,treats
Q12: The growth of mature companies is primarily
Q13: An excess of market value over the
Q14: If the market is efficient,stock prices should
Q15: Market efficiency implies that one could earn
Q16: If stock prices follow a random walk,their
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