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The dividend growth model is applicable to I. firms that pay no dividend Il. firms that pay a constant dividend IIl. firms that pay dividend

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The dividend growth model is applicable to I. firms that pay no dividend Il. firms that pay a constant dividend IIl. firms that pay dividend with a constant rate of increase IV. firms that pay dividend with a constant rate of decrease for cost of equity computation. Il and IIl only I, ll and lIl only l and Il only II, IIl and IV only I and III only 0 0

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