Page 13 - FINAL CFA SLIDES DECEMBER 2018 DAY 14
P. 13

LOS 49.g: Calculate and interpret the intrinsic              Session Unit 14:
     value of an equity security based on the                     49. Equity Valuation: Concepts and Basic Tools
     Gordon (constant) growth dividend discount

     model or a two-stage dividend discount
     model, as appropriate., p.291













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