An N-Stage, Fractional Period, Quarterly Dividend Discount Model
This paper develops a dividend discount model that will allow as many growth stages as desired. The model is directly applicable to most common stocks in that quarterly dividends are assumed and you need not be on a dividend payment date. The equation is easily programmed into a computer and is computationally very fast. The Newton-Rhapson algorithm is suggested as a means for estimating the required rate of return. Copyright 1990 by MIT Press.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 25 (1990)
Issue (Month): 4 (November)
|Contact details of provider:|| Web page: http://www.easternfinance.org/|
More information through EDIRC
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=0732-8516|
When requesting a correction, please mention this item's handle: RePEc:bla:finrev:v:25:y:1990:i:4:p:651-57. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.