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- W3121888105 abstract "ABSTRACT The standard discounted dividend model provides flawed estimates of the cost of equity when corporations repurchase shares, which many now do. A simulation model shows that the discounted dividend model, as customarily applied, will lead to cost of equity estimates that are too low. A corrected model is developed, and illustrated with actual data." @default.
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- W3121888105 date "2001-01-01" @default.
- W3121888105 modified "2023-09-26" @default.
- W3121888105 title "ESTIMATING THE COST OF EQUITY FOR CORPORATIONS THAT REPURCHASE: THEORY AND APPLICATION" @default.
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- W3121888105 doi "https://doi.org/10.1080/00137910108967562" @default.
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