Assertion: model's value | /r/HasProperty | the sum of the infinite series
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Source sentences:
text: The model uses the fact that the current value of the dividend payment D 0 ( 1 + g ) t {\displaystyle D_{0}(1+g)^{t}} at (discrete) time t {\displaystyle t} is D 0 ( 1 + g ) t ( 1 + r ) t {\displaystyle {\frac {D_{0}(1+g)^{t}}{{(1+r)}^{t}}}} , and so the current value of all the future dividend payments, which is the current price P {\displaystyle P} , is the sum of the infinite series