To be able to solve problems with non$-$constant growth $$

the growth rate at the end of the

on

problem has to be higher than the expected return on the stock

t$$

there must be a point beyond which dividends grow at a constant rate

there must be a period of time where

$15$

$$ none of the above there are no dividends

We can think of the expected return on a stock as a combination of two components

The interest rate and the current stock

The interest rate and the capital gains price yield

the dividend yield and the interest rate

the dividend yield and the captial gains yield