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Which of the following are necessary in order to use the dividend growth model to value stocks? a. The growth rate must be constant b.

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Which of the following are necessary in order to use the dividend growth model to value stocks? a. The growth rate must be constant b. The company must have paid a dividend in the prior period (D0) c. The growth rate must be less than the required return d. All of the above e. a \& c only f. none of the above

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