What is the duration of a common stock whose dividends are expected to grow at a constant

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What is the duration of a common stock whose dividends are expected to grow at a constant rate in perpetuity?

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
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Principles of Corporate Finance

ISBN: 978-0072869460

7th edition

Authors: Richard A. Brealey, Stewart C. Myers

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