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The value of your stock is the net present value of the future dividends you should expect. If you put a billion dollars in cash on a rocket and launch it into
by byrneseyeview 14y ago
The value of your stock is the net present value of the future dividends you should expect. If you put a billion dollars in cash on a rocket and launch it into space, the value of that billion dollars is not one billion. It's near zero, depending on the odds and cost of recovering the currency.