It is difficult for small firms to apply for the dividend valuation model because a. of limited
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Question:
It is difficult for small firms to apply for the dividend valuation model because
a. of limited acces to the capital markets for new equity.
b. the dividend valuation model depends on the Capital Asset Pricing Model, which small firms cannot use
c. A of prohibively high common stock issuance costs
d. Small firms often pay little or no dividens
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