Select the best choice below. The reason that we can ignore the future sales price of the stock when developing the dividend growth model is because any cash flows after we sell the security are irrelevant. the present value of a growing annuity is always equal to zero. since we won't get that final sales price, we must ignore it when computing current value. the present value of a very distant cash flow is a small number that won't impact today's price significantly.

Select the best choice below. The reason that we can ignore the future sales price of the stock when developing the dividend growth model is because any cash flows after we sell the security are irrelevant. the present value of a growing annuity is always equal to zero. since we won't get that final sales price, we must ignore it when computing current value. the present value of a very distant cash flow is a small number that won't impact today's price significantly