MolodovskyNicholas, “Valuation of Common Stocks,”Financial Analysts Journal, reprinted in LernerE. M., ed., Readings in Financial Analysis and Investment Management (Homewood, Ill.: Richard D. Irwin, 1963), p. 249.
2.
This is a summary of certain chapters of a monograph being prepared for publication. Appreciation is hereby expressed for programming assistance from Miranda Dougall McCarthy and Mr. John Murphy, and for financial support from the Institute of Business and Economic Research, University of California, Berkeley, and use of computer time at the Computer Center, University of Alberta, Canada.