Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10011627360
Persistent link: https://www.econbiz.de/10012174419
It is well-known that stock prices fluctuate far more than dividends. Traditional valuation methods are not able to depict this fact. In this paper we incorporate excess volatility into a simple DCF model by considering an autoregressive cash flows process with random coefficients. We show that...
Persistent link: https://www.econbiz.de/10012228345
Persistent link: https://www.econbiz.de/10011384628
Persistent link: https://www.econbiz.de/10001707436
Persistent link: https://www.econbiz.de/10001642870
Persistent link: https://www.econbiz.de/10001538037
Persistent link: https://www.econbiz.de/10001865236
Persistent link: https://www.econbiz.de/10002152164
Persistent link: https://www.econbiz.de/10001872369