An investigation of Gordon's common stock valuation model

The purpose of this study was to determine whether a model based upon the dividend formulation of Myron J. Gordon provides an adequate explanation of the variation in common stock prices. In particular, the hypothesis tested is that investors mainly consider dividends, the rate of growth in dividend...

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Bibliographic Details
Main Author: Smith, Patrick John
Language:English
Published: University of British Columbia 2011
Subjects:
Online Access:http://hdl.handle.net/2429/36232