Henry, Peter Blair (contributor) - 2001 - [Elektronische Ressource]
equity prices will understate the expected impact of stabilization.
Despite these limitations, the stock market approach … on old debates. For example, the 24 percent jump in real equity prices in
anticipation of reducing high inflation seems …/P=r-g, where r is the discount rate on equity and
g is the expected growth rate of dividends. The results using dividend yields …