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danny2012 danny2012
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2 months ago
A cash cow is a firm that

▸ pays a constant level of dividends to their investors.

▸ has high present value of growth opportunities, but lower present value of existing opportunities.

▸ pays regular, but declining dividends to their investors.

▸ has a high present value of existing opportunities but a low present value of growth opportunities.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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Botox14Botox14
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2 months ago
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danny2012 Author
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2 months ago
Good timing, thanks!
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Yesterday
Thanks for your help!!
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2 hours ago
Helped a lot
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