An Application of Discounted Residual Income for Capital Assets Pricing by Method Curve Fitting with Sinusoidal Functions

G. Talebnia; M. Ebrahimi; A. Darvishi

Volume 5, Issue 1 , January 2015, , Pages 1-7

  The basic model for valuation of firm is the Dividend Discount Model (DDM). When investors buy stocks, they expect to receive two types of cash flow: dividend in the period during which the stock is owned, and the expected sales price at the end of the period. In the extreme example, the investor ...  Read More