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10 December, 21:37

Which of the following statements is (are) true? I. Many firm experience a life cycle characterized by non-constant growth. II. For non-constant growth firms, stock price is not equal to the present value of all future dividend payments.

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  1. 10 December, 21:42
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    1 only
  2. 10 December, 21:45
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    Answer: both I and II are TRUE

    Explanation:

    Many firm experience a life cycle characterized by non-constant growth. And For non-constant growth firms, stock price is not equal to the present value of all future dividend payments.
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