Welcome to the heart of our course! We are going to learn how to discount a future stream of dividend income. Huh? What that means is that we are going to learn how to assign a value to the stock on the basis of the cash flows that result from the dividends that the stock is paying. To do this, we will use the Dividend Discount Models. This is it, Dear Students! This is the heart of our course! Welcome to the Inner Temple of Supreme Valuation Knowledge!