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mooncalled mooncalled
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The Dividend Discount Model (DDM) links common share prices to three important fundamentals: corporate profitability, the general level of interest rates, and risk. All else being equal, the DDM predicts that common share prices will be lower

▸ when risk premiums are lower.

▸ when interest rates are lower.

▸ when profits are high.

▸ none of the above
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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kewell_10kewell_10
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