Question: The constant-growth dividend model will provide invalid solutions when: Group of answer choices the growth rate of the stock is less than the required rate
The constant-growth dividend model will provide invalid solutions when:
Group of answer choices
the growth rate of the stock is less than the required rate of return for the stock.
none of these.
the growth rate of the stock exceeds the required rate of return for the stock.
the growth rate of the stock is equal to the risk-free rate.
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