Which of the following assumptions does the constant-growth dividend discount model require? a. Dividends grow at a

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Which of the following assumptions does the constant-growth dividend discount model require?

a. Dividends grow at a constant rate.

b. ROE and the plowback rate are constant.

c. The required rate of return is less than the dividend growth rate.

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Essentials Of Investments

ISBN: 9780697789945

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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