Reversion occurs when the rights of possession returns to a third party upon the expiration of a limited estate

The g in the constant-growth dividend model refers to:

A) The annual growth rate for stock price and for dividends. B) the annual growth rate for stock price. C) the annual growth rate for dividends. D) None of the choices are correct.

Cash flows used in net present value and internal rate of return analyses ignore ________

A) future increased sales B) future cost savings C) depreciation expense D) residual value