Question: 2. Constant Growth Rate Model: What is it? When would you use it? D. (1+8) P. if kg k-g P =TXD. if k=g a. Suppose

2. Constant Growth Rate Model: What is it? When would you

2. Constant Growth Rate Model: What is it? When would you use it? D. (1+8) P. if kg k-g P =TXD. if k=g a. Suppose the current dividend is $12, the dividend growth rate is 11.5%, there will be 60 yearly dividends, and the appropriate discount rate is 7%. What is the value of the stock, based on the constant growth rate model

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