0 the interest paid on shares etc -- cổ tức
a dividend of 2%.
After all, rational investors should adjust nominal returns to changes in inflation, in the dividend process and in the discount factor.
Let the timing be such that the agent receives the dividend and then trades the asset.
Until then heavy capital investment in scientific research had been mainly limited to state-corporate sponsorship of chemistry, where the practical dividends were very apparent.
Such a dividend can only be realized if eradication is achieved in finite time.
When an asset pays no dividends, it necessarily exhibits a bubble whenever its price is positive.
According to critics of the sector these profits were used to enrich the companies' shareholders through the payment of high dividends.
Because most empirical studies tend to yield positive values for that elasticity, the double dividend is unlikely to materialize.
Moreover, the presence of distortions, such as the two-tier price system and hugely differentiated taxes increase the likelihood of a double dividend.
