and
Relationship
dividend policy
the value
of
Share according
Gordon's
model.
to
Firm
А A
Firm B
Firm C
R
R 0.15
0.30
R=0.20
ke
= 0.20
ke
-
0.20
0. 20
5
E-5
E5
Show the
effect
dividend policy
of share according
of 엉
policy on
a market
valve
Gordon's model
when
retention
ratio is
401 4
ů Gol.
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