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The constant growth model for pricing stocks is inappropriate for 1. Firms that pay no dividends. 2. Firms with erratic earnings. 3. Firms with supernormal
The constant growth model for pricing stocks is inappropriate for
1. Firms that pay no dividends. 2. Firms with erratic earnings. 3. Firms with supernormal growth periods. 4. All of the above. 5. None of the above. |
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