Celestila Moonn, an UMB MBA student selected Google stock for Capital Market/Portfolio construction project. Last week, Moonn
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Question:
Celestila Moonn, an UMB MBA student selected Google stock for Capital Market/Portfolio construction project. Last week, Moonn realized that the stock lost 10% of its value since since the stock was purchased. Moonn also noticed that Google pays no dividends yet investors are willing to buy shares in this firm.
Post: In your initial post, briefly justify: How is this possible? Does this violate basic principle of stock valuation? Do you support Moonn's concerns?
Related Book For
Strategic Management An Integrated Approach
ISBN: 978-1111825843
10th edition
Authors: Charles W. L. Hill, Gareth R. Jones
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