Question: In order to accommodate share repurchases by a dividend - paying firm, the Dividend Discount Model must use Blank _ _ _ _ _ _

In order to accommodate share repurchases by a dividend-paying firm, the Dividend Discount Model must use Blank______ for its cash flows.
Multiple choice question.
dividends per share
the total dollar value of each repurchase
repurchases per share
the total dollar value of each dividend

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