Stocks Yield To Bonds by Tushar S. Chande
ARTICLE SYNOPSIS...Stocks Yield To Bonds by Tushar S. Chande
A stock's price may be considered a mechanism to adjust its dividend yield. In the short run, the dollar amount of the dividend is fixed, and so stock prices change to accommodate changes in bond yields. Lags oc
AUTHOR: Tushar S. Chande, Ph.D.DATE: OCT 1992