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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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