Why is it not feasible to use the dividend discount model in the valuation of true growth
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Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Because the dividend model assumes a constant rate of growth fo...View the full answer
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Krishnavendra Y
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Related Book For 
Investment Analysis and Portfolio Management
ISBN: 978-0538482387
10th Edition
Authors: Frank K. Reilly, Keith C. Brown
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