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The dividend growth model: I. assumes that dividends increase at a constant rate forever. II. can be used to compute a stock price at any

The dividend growth model: I. assumes that dividends increase at a constant rate forever. II. can be used to compute a stock price at any point in time. III. can be used to value zero-growth stocks. IV. requires the growth rate to be less than the required return.

A. I, II, III, and IV

B. I and III only

C. I, III, and IV only

D. II and IV only

E. I, II, and IV only

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