• Declining Growth in Valuation

    From vjp2.at@at.BioStrategist.dot.dot.co@21:1/5 to All on Sun Aug 14 22:38:41 2016
    When Liebowitz got the IAQF award he asked about declining growth.
    I tried sigmod models but they didn't integrate nicely, hyperbolic did. Declining Growth: "Integrate[Exp[(g/t-r)t],{t,0,Infinity}]" -> Exp(g)/r
    Gordon: "Integrate[Exp[(g-r)t],{t,0,Infinity}]" -> 1/(r-g)



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    Vasos Panagiotopoulos, Columbia'81+, Reagan, Mozart, Pindus, BioStrategist
    http://www.panix.com/~vjp2/vasos.htm
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