Suppose you use the dividend-discount model to calculate the price you are willing to pay for a
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Suppose you use the dividend-discount model to calculate the price you are willing to pay for a stock and find that this differs from the market price. What might account for the difference in the market price of the stock and the price you are willing to pay for the stock?
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Related Book For 
Money Banking And Financial Markets
ISBN: 9781260226782
6th Edition
Authors: Stephen Cecchetti, Kermit Schoenholtz
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