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Browsing CREB Working Paper Series by Author "Nawazish Mirza"

Browsing CREB Working Paper Series by Author "Nawazish Mirza"

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  • Nawazish Mirza (© Lahore School of Economics, 2008)
    Investment decisions are based on the rational return expectations and investors require returns that are aligned with their risk and utility. This phenomenon has been extensively discussed in the financial theory as well ...
  • Nawazish Mirza (Lahore School of Economics, 2009)
    The fair price of a stock represents discounted claims on the future profitability of a firm. If markets are perfect, prevailing price level should exhibit a stable relationship with these claims. Dividends are a medium to ...

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