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Franchise Value And The Price/Earnings Ratio (The Research Foundation Of AIMR And Blackwell Series In Finance)
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This monograph develops the franchise value approach to analyzing the prospective cash flows that determine a company's price-to-earnings ratio. The franchise factor model retains the simplicity and intuitive appeal of the dividend discount model, but it offers the advantages of flexibility in application and insight into the components of P/E growth.

Paperback: 239 pages

Publisher: Research Foundation of AIMR & Blackwell Publishers (January 15, 1991)

Language: English

ISBN-10: 0943205212

ISBN-13: 978-0943205212

Product Dimensions: 6.1 x 0.6 x 9 inches

Shipping Weight: 12.8 ounces

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