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Under which situation(s) will the dividend growth model generate invalid solutions? When the growth rate is negative. When the growth rate is larger than the
- Under which situation(s) will the dividend growth model generate invalid solutions?
- When the growth rate is negative.
- When the growth rate is larger than the required rate of return.
- When the growth rate is smaller than the required rate of return.
- (1) only
- (2) only
- (3) only
- (1) and (2) only
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