dividend
© 2003 The McGraw-Hill Companies, Inc. All rights reserved. Dividends and Dividend Policy Chapter Seventeen.
17-0 Does Dividend Policy Matter? 17.2 Dividends matter – the value of the stock is based on the present value of expected future dividends Dividend policy.
Chapter 17 Dividends and Dividend Policy McGraw-Hill/Irwin Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved.
McGraw-Hill/Irwin ©2001 The McGraw-Hill Companies All Rights Reserved 14.0 Chapter 14 Dividends and Dividend Policy.
8-1 July 21 Outline Bond and Stock Differences Common Stock Valuation.
Investments Vicentiu Covrig 1 Value Stock Investing (chapter 11)
Investments: Analysis and Behavior Chapter 11- Value Stock Investing ©2008 McGraw-Hill/Irwin.
Chapter 15: Outline
Theory of Stock Valuation n Same theory as bond valuation n Find PV of future cash flows n Use investor’s required rate of return as the discount rate.
COST OF CAPITAL AND Chapter 11. The Dividend Growth Model Approach Can be rearranged to solve for R E 1.
Cost of Capital and Efficient Capital Markets
