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The Internet is making it possible for firms to reach customers that were impossible to reach before.
Constant-Growth DDM
A valuation model for stocks, assuming dividends grow at a constant rate indefinitely, used to calculate the present value of the expected dividends.
Beta
A measure of a stock's volatility in relation to the overall market, indicating the stock's risk compared to the market.
Risk-Free Rate
An interest rate that serves as a benchmark for the minimum return investors should expect because it carries no risk of financial loss.
Growth Rate
The rate at which a company's earnings or the economy's output increases over time.
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