A. assumes that dividends increase at a decreasing rate.
B. can only value stocks at time 0.
C. cannot be used to value constant dividend-paying stocks.
D. requires that the dividend growth rate be less that the required rate of return.
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Home » Business » The Gordon dividend discount model: A. assumes that dividends increase at a decreasing rate. B. can only value stocks at time 0. C. cannot be used to value constant dividend-paying stocks. D.