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In the dividends-based valuation process discussed in the book and my notes, what does continuing value refer to? The value of dividends after the forecast

In the dividends-based valuation process discussed in the book and my notes, what does "continuing value" refer to? The value of dividends after the forecast horizon, which in book examples is typically five years The value of all future dividends, regardless of when received The value of the company's current retained earnings The value of the company's current shareholders' equity

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