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With respect to the discounted dividend models, what is the added value of the multi-period models over the constant growth model? a. The allow the
With respect to the discounted dividend models, what is the added value of the multi-period models over the constant growth model?
a. The allow the firms dividend growth to vary over time.
b. They forecast a higher valuation.
c. They are more complicated to estimate.
d. They allow the investor to account for the internal rate of return of the firm.
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