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Rational Valuation Formula (RVF) and Time Variability in Asset Rates of Return

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Figure

 Figure 1 2.5 RVF.
Table 1 Critical values of LRtvc 3.3 Application of Models.
Table 6 Average discount or return rateThe null hypothesis of constancy of the cointegration
 Figure 4 Fundamental Value of share (P*) and price (P) from 1980 to 1995  5 FINAL CONSIDERATIONS

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