document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1157778>Question 1157778</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Describe briefly the legal rights and privileges of common stockholders.\r<BR>\n" );
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document.write( "1. Write out a formula that can be used to value any stock, regardless of its dividend pattern.\r<BR>\n" );
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document.write( "2. What is a constant growth stock? How are constant growth stocks valued?\r<BR>\n" );
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document.write( "3. What happens if a company has a constant g which exceeds its rs? Will many stocks have expected g > rs in the short run (i.e., for the next few years)? In the long run (i.e., forever)? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #780689 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52786)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=780689\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .\r<BR>\n" );
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document.write( "Hey,\r<BR>\n" );
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document.write( "consulting in financing is not our specialization.\r<BR>\n" );
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document.write( "This problem is far from the profile of this forum.\r<BR>\n" );
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document.write( "Have a nice day (!)\r<BR>\n" );
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document.write( " </SPAN>\n" );
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