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The dividend growth model: Multiple Choice only values stocks at Time 0. assumes dividends increase ot o decreasing rate requires the growth rate to be

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The dividend growth model: Multiple Choice only values stocks at Time 0. assumes dividends increase ot o decreasing rate requires the growth rate to be less than the required return. connot be used to value constant dividend stocks. can be used to value both dividend-paying and non-dividend-paying stocks

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