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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Language: | English |
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University of British Columbia
2011
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Online Access: | http://hdl.handle.net/2429/36232 |