This Time it’s Dividend – Investigations into the Valuation of Future Dividends

  • Jac. Kragt Jac. Kragt

The present value identity is omnipresent in academic Finance, yet its validity for stocks in the shape of the dividend discount model has never been proven defi nitively. This thesis contains attempts the reconcile stock prices with the value of future dividends.

Netspar, Network for Studies on Pensions, Aging and Retirement, is a thinktank and knowledge network. Netspar is dedicated to promoting a wider understanding of the economic and social implications of pensions, aging and retirement in the Netherlands and Europe.

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