On the estimation of cost of capital and its reliability
نویسندگان
چکیده
منابع مشابه
On the estimation of cost of capital and its reliability
Gordon and Shapiro (1956 Management Sci. 10 102–10) first equated the price of a share with the present value of future dividends and derived the well known relationship. Since then, there have been many improvements on the theory. For example, Thompson (1985 Managerial Decis. Economics 6 132–40, 1987 Managerial Decis. Economics 8 321–32) combined the ‘dividend yield plus growth’ method with Bo...
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ژورنال
عنوان ژورنال: Quantitative Finance
سال: 2004
ISSN: 1469-7688,1469-7696
DOI: 10.1088/1469-7688/4/3/011