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All of the following are true concerning the constant growth rate model except. Select one: O a. The company must pay a dividend O b.

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All of the following are true concerning the constant growth rate model except. Select one: O a. The company must pay a dividend O b. The model is appropriate for mature companies with a stable history of growth O c. required rate of return (r) must be higher than expected growth rate in dividends (g) O d. Required rate of return(n) must be lower than the expected growth rate in dividends (g)

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