Why is share value based on the present value of expected future dividends?

Question:

Why is share value based on the present value of expected future dividends?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Introduction to Corporate Finance

ISBN: 978-1119171287

4th edition

Authors: Laurence Booth, Sean Cleary, Ian Rakita

Question Posted: