shelbychy6504 shelbychy6504
  • 19-12-2022
  • Business
contestada

Which of the following is a legitimate reason the valuation of common stock is generally harder than
the valuation of bonds?
I. Future cash flows on stocks are not known in advance.
II. Common stocks don't have a maturity date.
III. Common stock valuation is sensitive to estimates of the dividend growth rate

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