The constant-growth dividend discount model can be used only when the growth rate is less than the required return growth rate is greater than or equal to the required return growth rate is greater than the required return growth rate is less than or equal to the required return If a firm increases its plowback ratio, this will probably result in P/E ratio. an unchanged The answer cannot be determined from the information given. O a higher a lower Value of Tech firms, like Amazon, is mainly based on replacement cost O current profit Book Value of their assets Present Value of Growth Opportunities Consider a Tech firm and a car manufacturer company. I can see the ratio of current asset over total asset is significantly higher in Tech firm. True False