QV Ltd uses a multi stage growth model for its stock valuation. The analysis reflects that, in a multi stage growth model, the majority of the value can be found in the ___

a: near term dividends

b: discount rate

c: terminal cash flow

d: dividend growth

e: None of the options is correct .

When valuing a stock, an overestimated terminal growth rate might not be noticed if the ___ is also higher.

a: terminal cash flow

b: plowback ratio

c: discount rate

d: earnings

e: None of the options is correct