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For constant dividend growth model, estimated stock price = D1 / (rs - g). What's D1 here? Is it the dividend a firm just paid? Why?

For constant dividend growth model, estimated stock price = D1 / (rs - g). What’s D1 here? Is it the dividend a firm just paid? Why?

For constant dividend growth model, estimated stock price = D1 / (rs - g). What’s D1 here? Is itthe dividend a firm just paid? Why?Answer:Constant dividend growth indicates that the growth in...
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