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The constant-growth dividend discount model is probablyone of themost popular formula for stock valuation. In your own words, describe the modelandits use.In addition, discuss the

The constant-growth dividend discount model is probablyone of themost popular formula for stock valuation. In your own words, describe the modelandits use.In addition, discuss the implicationsfor shareholder value maximizationbased on theformula(i.e. what a company should do), as well as, the difficulties in achievingthat.

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