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The Gordon Growthsingle-stage version ofDDM is best suited for dividend paying firms where the dividends are growing at a rate that is _________ than the
The Gordon Growthsingle-stage version ofDDM is best suited for dividend paying firms where the dividends are growing at a rate that is _________ than the nominal growth in the overall economy and that have established a _________ dividend payout policy that you expect will continue in the future.
A. greater; constant |
B. comparable to or less: constant |
C. greater; variable |
D. less; variable |
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