TY  - JOUR
T1  - Teaching an Old Dog New Tricks: Using the Dividend Growth Model in Financial Planning
JF  - Journal of Economics and Finance Education
Y1  - 2007
A1  - Brooks,Raymond
A1  - Yang,Jimmy
KW  - Finance
AB  - The Dividend Growth Model is a standard pedagogical tool in pricing stocks where the dividend grows at a constant rate. However, few dividend policies conform to this restrictive pattern and therefore the model is often quickly discarded in finance classes. The constant growth assumption of a cash flow stream fits well with other financial problems such as saving for a college education or contributions to a pension plan. This paper presents a couple of applications for the Dividend Growth Model plus an extension to the model and belies the adage: you can’t teach an old dog new tricks.
VL  - 6
CP  - 2
U2  - a
U4  - 2658555905
ID  - 2658555905
ER  -