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Personal Financial Planning
15. CHAPTER 12B: SUPPLEMENT B: EQUITY SECURITIES/Valuation Models
15. CHAPTER 12B: SUPPLEMENT B: EQUITY SECURITIES Illustration
Syllabus Slides

Valuation Models

01.Core Concepts

• No growth/perpetuity model • Assumes fixed dividend • Constant growth dividend discount model • Assumes constant growth of dividend • Multistage growth dividend discount model • Assumes dividend growth rate changes over time