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The constant growth dividend discount model ( DDM ) for a stock _ _ _ _ _ . Group of answer choices implies that the
The constant growth dividend discount model DDM for a stock
Group of answer choices
implies that the stock price and dividends will grow at a different rate
yields higher intrinsic value when the stock pays smaller dividends
works only when the stock's dividend growth rate is higher than the discount rate
yields higher intrinsic value when the stock has a lower discount rate
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