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Dividend Discount Model and Impact of Economic Growth. Describe the dividend discount valuation model. What are some limitations of the dividend discount model? [5 marks]

Dividend Discount Model and Impact of Economic Growth.

Describe the dividend discount valuation model. What are some limitations of the dividend discount model?

[5 marks]

Explain how economic growth affects the valuation of a stock.

[5 marks]

(maximum 500 words)

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