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A stock paid a dividend of $1 per share last year Dividends are expected to grow at a constant rate of 5% forever. The required

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A stock paid a dividend of $1 per share last year Dividends are expected to grow at a constant rate of 5% forever. The required rate of return on the stock is 10% Based on this information, the stock meets the conditions for using the constant dividend growth model to estimate a the stock's intrinsic value O True O False

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