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Cataloged Resource Summary

 

Title

Stock Prices

Author

Jeremy J. Siegel

Category

Financial Economics

Type

Article

Description

The price of a share of stock, like that of any other financial asset, equals the present value of the expected stream of future cash payments to the owner. This article explains the firms role in stock prices, returns, and discusses the major determinants of stock prices.

URL

http://www.econlib.org/library/Enc/StockPrices.html
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