The purpose of the stepping stone year is?
A) to assure that there is sufficient required cash
B) to assure that future dividends are constant
C) to assure that investment flows are consistent with terminal growth rates
D) to allow for a final year of higher-than-sustainable growth

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The Answer of The purpose of the stepping stone year is?
A) to assure that there is sufficient required cash
B) to assure that future dividends are constant
C) to assure that investment flows are consistent with terminal growth rates
D) to allow for a final year of higher-than-sustainable growth

The Purpose of the Stepping Stone Year Is