Question: The constant growth valuation model is based on the on the premise that the value of a share of common stock is___equal to the present
The constant growth valuation model is based on the on the premise that the value of a share of common stock is___equal to the present value of all expected future dividends determined by using a measure of relative risk called correlation coefficient the sum of the dividends and expected capital appreciation determined based on an industry standard p/E multiple
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