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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