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When you use the two-stage dividend growth model, you will find that Multiple Choice PtDt/R 1 cannot be negative. gi must be greater than g2

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When you use the two-stage dividend growth model, you will find that Multiple Choice PtDt/R 1 cannot be negative. gi must be greater than g2 g1 can be greater than R R must be less than g1 but greater than g2

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