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Which of the following is not a problem with using a dividend-based valuation formula? Dividends are arbitrarily established. Dividends represent a transfer of wealth to

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Which of the following is not a problem with using a dividend-based valuation formula? Dividends are arbitrarily established. Dividends represent a transfer of wealth to shareholders. Some firms do not pay a regular periodic dividend. It is a challenge to forecast the final liquidating dividend

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