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Which of the following statements is incorrect for the constant dividend growth model? a. It takes into account the capital gains earned on a stock.

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Which of the following statements is incorrect for the constant dividend growth model? a. It takes into account the capital gains earned on a stock. b. Firms with the same dividend and growth rate must also have the same stock price. c. The required rate of return must be larger than the growth rate. d. All of the above

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