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The dividend discount model cannot be used if the growth rate of dividends varies for the first 5 years but is constant thereafter. the growth
The dividend discount model cannot be used if the growth rate of dividends varies for the first 5 years but is constant thereafter. the growth rate of dividends is zero. the growth rate of dividends is negative. the growth rate of dividends is less than the return required by shareholders. the growth rate of dividends is constant for the first 5 years, but varies continuously thereafter
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