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The first step in determining the intrinsic value of a nonconstant growth stock is to O a determine the growth rate of the dividend. O

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The first step in determining the intrinsic value of a nonconstant growth stock is to O a determine the growth rate of the dividend. O b. find the horizon value of each dividend during the nonconstant growth period and sum them. O c multiply the growth rate by the horizon value of the dividend. O d. find the horizon value of the stock. O e. find the present value of each dividend during the nonconstant growth period and sum them

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