hassan

PS: page 310 equity

"can the ddm be applied to non div paying shares? in theory it can, as is illustrated later, but in pratice it is generally not"

your key word is CAN, you are not being asked if it is used, or preffered.

just like you CAN jump off a building, but i doubt you will....

anyway this is a general statemnt and not ment to be offensive towards you @lzen5

but why is it that so many guys on AF dont ref the textbooks to find the answers? Most of the time people ask a question, and I answer not cause I am smarter than they are, just cause I bothered spent 10 secs looking for it...

The CFAI books are very organized, and you can almost instantly find what your looking for....