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In Gordon's model, the growth rate should not exceed the discount rate because otherwise the model does not converge to a finite value O firms'
In Gordon's model, the growth rate should not exceed the discount rate because
otherwise the model does not converge to a finite value
O firms' growth rate is assumed to be bounded
- WACC is always be higher
- None of the above
In Gordon's model, the growth rate should not exceed the discount rate because
otherwise the model does not converge to a finite value
O firms' growth rate is assumed to be bounded
- WACC is always be higher
- None of the above
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