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Level 9 · ◆◆◆ · ~12 min

Valuing Stocks: The Dividend Discount Model

Valuing Stocks: The Dividend Discount Model

"A share is a growing perpetuity of dividends — the World 1 formula you already know, pointed at equity."

a stock as PV of future dividendsthe Gordon growth modeldividend yield + growth = required returnthe model's assumptions
🚀 You're jumping ahead. This builds on Valuing Bonds — but play it now and you'll still earn full XP. If it feels steep, those make a gentler on-ramp.

A short lesson, then a quiz. ❤️×3 — a wrong answer costs a heart; finish with at least one left and the level is yours. Lose all three and you'll have to try again. Replay any time — XP and cleared levels are never lost.