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Applying the valuation procedure to ordinary shares is more difficult than applying it to bonds because: Select one: A.the size and timing of the dividend
Applying the valuation procedure to ordinary shares is more difficult than applying it to bonds because:
Select one:
A.the size and timing of the dividend cash flows are less certain.
B.ordinary shares have no final maturity date.
C.the rate of return on ordinary shares is not directly observable.
D.All of the above are true.
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