Question
when can the dividend discount model not be used to predict the stock price? A- The company pays an unpredictable dividend B- The company has
when can the dividend discount model not be used to predict the stock price?
A- The company pays an unpredictable dividend
B- The company has a growth rate that is expected to continue into the future
C- The growth rate is higher than the discount rate
D- Choices A and C are correct
E- All of the above are correct
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
10th Edition
053875446X, 978-0538754460
