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8) According to the dividend growth model, the required rate of return is equal to the capital gains yield if the dividend growth rate is
8) According to the dividend growth model, the required rate of return is equal to the capital gains yield if the dividend growth rate is ______.
9) Assume a constant dividend growth. A decrease in the capital gains yield will ______ the current value of a stock.
10) _______________ can be used to value the stock of firms that pay no dividends.
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