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one period valuation model

Gordon Growth model
g must be positive

find D1 using D0 and g

If firm issues no dividends, why is price not 0
dividends are reinvested and reflected in future dividends or in share price
Price Earnings Ratio
how much Investors are willing to pay for 1 USD of firm earnings
Find Price using Price/Earnings
P = P/e * EPS
high P/E means market expects ____ or _____
high return on low risk
___ manages the stock market US
SEC