The constant growth model can be used to value the stock of firms that have which type(s) of dividends?
A) Dividends that change by either a constant amount or a constant rate
B) Dividends that change annually by a constant amount or that are zero
C) Dividends that change annually by a constant amount
D) Dividends that are either constant or change annually at a constant rate
E) Only dividends that increase at a constant rate
Correct Answer:
Verified
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