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32 Which of the following statement regarding the DDM is correct? Select one: O a. The constant growth rate equals to ROE * dividend payout
32 Which of the following statement regarding the DDM is correct? Select one: O a. The constant growth rate equals to ROE * dividend payout ratio O b. The DDM cannot be applied to firms with negative earnings. c. The DDM cannot be used to value firms who do not pay any dividends. O d. The constant growth rate equals the dividend yield
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