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The dividend growth model does NOT provide valid a realistic share price estimate when Select one: a. the growth rate is higher than the inflation

The dividend growth model does NOT provide valid a realistic share price estimate when
Select one:
a. the growth rate is higher than the inflation rate.
b. the growth rate is higher than the required rate of return.
c. the growth rate is lower than the required rate of return.
d. the growth rate is lower than the real rate of interest.

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