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Let g be the dividend growth rate, gF be the growth rate for free cash flow to the firm, gE be the growth rate for

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Let g be the dividend growth rate, gF be the growth rate for free cash flow to the firm, gE be the growth rate for free cash flow to equity, and r be the cost of equity. Which of the following continuous growth models is incorrect? V0=WACCgFFCFF0(1+gF)V0=rgD1V0=rgEFCFE1 None of the above

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