According to the constant dividend growth model, a stock price should equal the:
A) dividend yield plus the constant growth rate.
B) sum of all future dividends.
C) sum of dividends to be received within the investor's holding period.
D) sum of all discounted future dividends.
Answer: D) sum of all discounted future dividends.
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Which statement is NOT an IRS requirement for a real estate salesperson to be treated as an independent contractor so that the employing broker can avoid withholding taxes and Social Security contributions?
A. That the salesperson have a valid California real estate license B. That reimbursement be based solely on sales and not on hours worked C. That there be a written contract that the salesperson will be treated as an independent contractor for tax purposes. D. That the salesperson work without supervision
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Indicate whether the statement is true or false.