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3. which of the following statements is NOT CORRECT? a. Discounted dividend model is often used to valuate mature, dividend-paying firms. b. Discounted dividend model

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3. which of the following statements is NOT CORRECT? a. Discounted dividend model is often used to valuate mature, dividend-paying firms. b. Discounted dividend model cannot be used to valuate firms that have just started paying dividends, because there is no dividend history for us to estimate the growth rate of dividends The price multiple method can be used to valuate a company if publicly traded comparable companies exist. c. d. If a company is shrinking, then its share price is expected to decline, yet it still could provide a positive return to shareholders

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