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Which of the following is not true about the corporate valuation model? o It can be used to value companies which don't pay out dividends.

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Which of the following is not true about the corporate valuation model? o It can be used to value companies which don't pay out dividends. It discounts all cash flows at the cost of all capital The corporate valuation model can be used to find the value of a division This calculation always leads to a higher stock price

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