This paper presents a dividend discount model (DDM) modified for high-growth stocks as an investment decision tool for …

The study focus on the advantages and disadvantages of dividend discount model using a market based approach. The study … market based valuation approach rather than forecasting the stock price based on dividend discount models. The study throws … very useful insights into the actual usefulness of dividend discount model by taking the example of CRISIL and TGBL stocks …

The traditional dividend discount model is irrelevant for financial analysts. It requires them to forecast an infinite …

tradeoff between market and reinvestment risk explains this pattern. Intuitively, while long-term dividend claims are highly … exposed to market risk, they are also good hedges for reinvestment risk because dividend prices rise as expected returns … long maturities, inducing relatively low risk premia on long-term dividend claims. The model is also consistent with the …

This paper examines prediction errors in the general dividend discount model using a back-test method. The prediction … varying lengths are examined in our tests. We include firms with a continuous record of dividend payments over the 20 years in …

Dividend discount model (DDM) is the simplest model for valuing equities in finance. Many analysts belived that DDM is …