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Which of the following is an assumption of the Dividend Discount Model? The growth rate must be less than the required rate of return The
Which of the following is an assumption of the Dividend Discount Model?
The growth rate must be less than the required rate of return | ||
The risk of the firm's stock must be less than the risk of changes in interest rates | ||
The required rate of return must be less than the cost of capital | ||
The return on equity must be greater than the retention ratio | ||
The growth rate must be positive |
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