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This article develops a family of stock valuation models that are based on book values and earnings. The modeling approach can be consistent with a large class of allowable dividend policies and does not require an explicit forecast of future book values. Reconciling empirical evidence, the model determined expected rate of return is related to(More)
An apparatus modeled after the Scram respirometer designed by Corcoran is described in terms of design, specifications and performance capabilities. The results with the use of this apparatus in a study of 14 able-bodied adults of five controlled walking speeds are compared to those of a similar study previously reported by Corcoran and Brengelmann. Oxygen(More)
This article develops a family of stock valuation models that are based on book values and earnings. The theoretical models address, among other features, two critical aspects of the stock market: the pricing of zero-dividend and negative earnings stocks. The modeling approach can be consistent with a large class of allowable dividend policies and does not(More)
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