185 summer 2004

What determines stock prices?

There are many theories and models, but we will consider a simple calculation of the expected value of the dividend stream under the assumption that the future dividends are known.

This is an interesting insight, but let's dig a little deeper.

We can apply this algebra to WalMart:

Investment Decisions

Term Paper

I am going to put this stuff somewhere else eventually, but for now this page will link to some important handouts.

Term Paper Progress Reports and Forms (Please note that some of these pages, especially PR 2, are not as current as the revised printed handouts.)

Tables A, B, C, and D