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Assertion 1: The Gordon growth model assumes that dividends grow indefinitely at a constant rate. Assertion 2: The Gordon growth model is particularly appropriate for

Assertion 1: The Gordon growth model assumes that dividends grow indefinitely at a constant rate.

Assertion 2: The Gordon growth model is particularly appropriate for valuing companies that do not pay stock dividends.

Choose the best answer: A) Both statements are correct B) Both statements are false C) Only one of the statements is correct

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