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Which of the following is an ADVANTAGE of the dividend growth model? Results are extremely sensitive to the estimated growth rate. It does not explicitly

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Which of the following is an ADVANTAGE of the dividend growth model? Results are extremely sensitive to the estimated growth rate. It does not explicitly consider risk. It can only be used for firms that pay dividends. It cannot be used unless the dividends and firm are growing at a relatively constant rate. It is easy to understand and use

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