Investment opportunities and Gordon's stock valuation model - a note

dc.contributor.author	Raghunathan, V.
dc.contributor.author	Srinivasan, G.
dc.date.accessioned	2010-03-14T10:39:54Z
dc.date.available	2010-03-14T10:39:54Z
dc.date.copyright	1985-10
dc.date.issued	2010-03-14T10:39:54Z
dc.identifier.uri	http://hdl.handle.net/11718/1207
dc.description.abstract	The traditional stock valuation model incorporating growth opportunities, fails to recognise the investment opportunities constraint. As a result the conventional model fails to provide an optimum reinvestment ratio and instead provides merely a limit for the same. This note recognises the opportunities constraint explicitly and in the process provides an expression for optimal reinvestment ratio.	en
dc.language.iso	en	en
dc.relation.ispartofseries	WP;1985/588
dc.subject	Investment	en
dc.subject	Opportunities	en
dc.subject	Stock Valuation	en
dc.title	Investment opportunities and Gordon's stock valuation model - a note	en
dc.type	Working Paper	en