MCQOPTIONS
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| 1. |
The constant-growth dividend discount model (DDM) can be used only when the ___________. |
| A. | growth rate is equal to the required return |
| B. | growth rate is greater than or equal to the required return |
| C. | growth rate is less than the required return |
| D. | growth rate is greater than the required return |
| Answer» D. growth rate is greater than the required return | |