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The Gordons model of equity valuation, V = D/(k-g), does NOT assume that a. dividends grow at a constant rate in perpetuity b. k >

The Gordons model of equity valuation, V = D/(k-g), does NOT assume that

a.

dividends grow at a constant rate in perpetuity

b.

k > g

c.

the company pays dividends

d.

PVGO > 0

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