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The dividend-discount model has two fundamental limitations. They are ? a. Share repurchases and new issues of stock. b. Non-dividend paying stocks and uncertain dividend

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The dividend-discount model has two fundamental limitations. They are ? a. Share repurchases and new issues of stock. b. Non-dividend paying stocks and uncertain dividend forecasts. c. Bond prices change with interest rates and some bonds pay zero coupons. d. The discount rate is inverse and access to the time space continuum

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