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Infosys Technologies just paid a dividend of $3.00 per share, and that dividend is expected to grow at a rate of 14% for at least
Infosys Technologies just paid a dividend of $3.00 per share, and that dividend is expected to grow at a rate of 14% for at least the next few years. If we assume that this growth rate will continue forever (in perpetuity), then the Discounted Dividend Model (DDM) tells us that the value of this stock is negative at a discount rate of 9%. true or false?
true or false?
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