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The constant-growth dividend model is based on the assumption that _____. a. stock prices grow by a constant amount every period b. dividends grow at

The constant-growth dividend model is based on the assumption that _____.

a. stock prices grow by a constant amount every period

b. dividends grow at a constant rate every period

c. dividends grow by a constant dollar amount every period

d. discount rates grow at a constant rate every period

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