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Title |
Stock Prices
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Author |
Jeremy J. Siegel |
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Category
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Financial Economics
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Type |
Article |
Description |
The price of a share of stock, like that of any other financial asset, equals the present value of the expected stream of future cash payments to the owner. This article explains the firms role in stock prices, returns, and discusses the major determinants of stock prices. |
URL |
http://www.econlib.org/library/Enc/StockPrices.html |
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Copyright © 2006 Experimental Economics Center. All rights reserved.
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