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QUESTION 16 The differential growth model of stock valuation: O makes allowance for one change in the discount rate O assumes the first growth rate
QUESTION 16 The differential growth model of stock valuation: O makes allowance for one change in the discount rate O assumes the first growth rate will be zero. O uses DT + 1 as the dividend amount throughout the formula. O assumes the second growth rate will be zero. requires g2 to be less than the discount rate
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