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Business, 23.03.2020 23:01 sxbenn

If earnings are expected to grow at a constant rate over time of 0.03 and investors' rate of discount is constant at 0.04, and if earnings last year were $152, then the fundamental value of the stock market would be

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If earnings are expected to grow at a constant rate over time of 0.03 and investors' rate of discoun...
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