Explain the role that the future plays in the stock


Question: Explain the role that the future plays in the stock valuation process. Why not just base the valuation on historical information? Explain how the intrinsic value of a stock is related to its required rate of return. Illustrate what happens to the value of a stock when the required rate of return increases.

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Accounting Basics: Explain the role that the future plays in the stock
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