Assume that two investors are valuing General Foods Company and have agreed to use the constantgrowth version

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Assume that two investors are valuing General Foods Company and have agreed to use the constant‐growth version of the DDM. Both use $3 a share as the expected dividend for the coming year. Are these two investors likely to derive different prices? Why or why not?

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Investments Analysis And Management

ISBN: 9781118975589

13th Edition

Authors: Charles P. Jones, Gerald R. Jensen

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