Finance School of management Contents 口 Introduction Q Reading stock listings a The discounted dividend model o Earnings and Investment Opportunities O A Reconsideration of the Price/Earnings Multiple approach O Does dividend policy affect shareholder Wealth? uesTc2 Finance School of Management Contents ❑ Introduction ❑ Reading Stock Listings ❑ The Discounted Dividend model ❑ Earnings and Investment Opportunities ❑ A Reconsideration of the Price/Earnings Multiple Approach ❑ Does Dividend Policy Affect Shareholder Wealth?