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TB TF Qu . 0 7 - 0 1 The dividend discount model states that... The dividend discount model states that the value of a

TB TF Qu.07-01 The dividend discount model states that...
The dividend discount model states that the value of a stock is the present value of the dividends it will pay over the
investor's horizon, plus the present value of the expected stock price at the end of that horizon.
True or False
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