Which of the following statements is NOT true about constant-growth stocks? Cash dividend remains constant over...

Which of the following statements is NOT true about constant-growth stocks?

		Cash dividend remains constant over time
		Mature companies with a history of stable growth show this pattern
		Dividends grow at a constant rate from one period to the next forever
		Far distant-dividends have a very small present value and add little to the stock’s price

Expert Solution

jeff jeffy answered 1 year ago

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