How can we say that price equals to the present value of all future cash flows when

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How can we say that price equals to the present value of all future cash flows when many actual investors may be seeking capital gains and planning to hold their shares for only a year or two? Explain.

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Question Posted: Sep 19, 2013 03:15 AM

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How can we say that price equals to the present value of all future cash flows when

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The value of a share of common stock equals the presen...View the full answer

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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