Question: As long as the analyst makes the same assumptions about company fundamentals, the value estimates under any valuation derived from the dividend discount model will:
As long as the analyst makes the same assumptions about company fundamentals, the value estimates under any valuation derived from the dividend discount model will:
a.
Be different.
b.
Identical for abnormal earnings and discounted cash flow, but different for discounted dividends.
c.
Identical for discounted dividends and discounted cash flow, but different for abnormal earnings.
d.
Be identical.
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