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Search results with tag "The long term"
CHAPTER 13 DIVIDEND DISCOUNT MODELS
pages.stern.nyu.educonsequences in the long term of a firm whose earnings grow 6% a year forever, while its dividends grow at 8%. Over time, the dividends will exceed earnings. On the other hand, if a firm's earnings grow at a faster rate than dividends in the long term, the payout ratio, in the long term, will converge towards zero, which is also not a steady state.
THE LONG-TERM STRATEGY OF THE UNITED STATES
www.whitehouse.gov2 THE LONG-TERM STRATEGY OF THE UNITED STATES create high-quality jobs, improve public health in every community, and spur investments that modernize the …