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21/10/2020 Client: happyw Deadline: 3 days

The Dividend Discount model requires several conditions to hold in order to be valid. One such condition requires ___




 , if this condition does not hold the computed price will be negative or undefined. Another such condition is a firm must ___






 , otherwise the model has no numerator! Lastly, the firm must experience ___




  in the future; otherwise, the model becomes too complex to compute.

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