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Under which of the following circumstances is it NOT appropriate to use the Residual Income Model? Select one: a. ROE is not predictable. b. The
Under which of the following circumstances is it NOT appropriate to use the Residual Income Model?
Select one:
a.
ROE is not predictable.
b.
The terminal value is not predictable.
c.
The company does not pay dividends.
d.
A company's dividends are not predictable.
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