金融学教学bie2echapter09.pptVIP

Copyright ? 2009 Pearson Education, Inc. Publishing as Prentice Hall Chapter 9:  Valuation of Common Stocks Chapter 9 Contents 9.1 Reading stock listings 9.2 The discounted dividend model 9.3 Earning and investment opportunity 9.4 A reconsideration of the price/earnings multiple approach 9.5 Does dividend policy affect shareholder wealth? 9.1 Reading Stock Listings The following newspaper stock listing is usually printed as a horizontal string of information The listing is for IBM, which is traded on the New York Stock Exchange Reading Stock Listings Reading Stock Listings Hi =