Question: The dividend growth model: A. cannot be used to value constant dividend stocks. b. requires the growth rate to be less than the required return

The dividend growth model:

A. cannot be used to value constant dividend stocks.

b. requires the growth rate to be less than the required return

c. assumes dividends increase at a decreasing rate

d. can be used to value both dividend-paying and non-dividend-paying stocks

e. only values stocks at Time 0

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