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Which of the following is correct? A stock can have value if it does not pay dividends. The value of a share depends on the
Which of the following is correct? A stock can have value if it does not pay dividends. The value of a share depends on the interest payments shareholders will receive. The dividend yield equals the growth rate in dividends. For the constant dividend growth model, the growth rate in dividends always equals the discount rate. You can do it
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