Key Concepts and Skills Understand how stock prices depend on future dividends and dividend growth Be able to compute stock prices using the dividend growth model Understand how corporate directors are elected Understand how stock markets work Understand how stock prices are quoted 22 Key Concepts and Skills n Understand how stock prices depend on future dividends and dividend growth n Be able to compute stock prices using the dividend growth model n Understand how corporate directors are elected n Understand how stock markets work n Understand how stock prices are quoted