The dividend discount model is often used for the purpose of identifying factors in the international CAPM.

Name: The dividend discount model is often used for the purpose of identifying factors in the international CAPM.
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In a globally integrated market,it is international market forces that are systematic.However,this model suffers from similar criticisms as the CAPM,in that the global market portfolio can never be identified.

The Dividend Discount Model Is Often Used for the Purpose