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The constant-growth valuation model is based on the premise that the value of a share of common stock is ________. a. equal to the present

The constant-growth valuation model is based on the premise that the value of a share of common stock is ________.

a. equal to the present value of all expected future dividends

b. determined based on an industry standard P/E multiple

c. the sum of the dividends and expected capital appreciation

d. determined by using a measure of relative risk called correlation coefficient

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