Chapter 7 focuses on stock valuation. Chapter 7 explains the characteristics of stock that distinguish it from debt and the chapter describes how companies issue stock to investors. You’ll have another chance to practice time-value-of-money techniques as the chapter illustrates how to value stocks by discounting either the dividends that stockholders receive or the free cash flows that the firm generates over time.
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Lecture Principles of Managerial finance (4th edition): Chapter 7 - Lawrence J. Gitman
Lecture Principles of Managerial finance (4th edition): Chapter 7 - Lawrence J. Gitman
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