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Which of the following statements correctly describe how the dividend growth model can be validly employed to value a security? 1.More than one of the
Which of the following statements correctly describe how the dividend growth model can be validly employed to value a security?
1.More than one of the other statements is correct.
2.The dividend growth model does not require the specification of a discount rate that appropriately reflects the time value of money
3.The dividend growth model requires a forecast of the next dividend expected to be paid.
4.The dividend growth model assumes that the growth rate itself is variable.
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