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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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