Kizspy | Question: 7
(Choose 1 answer)
Which of the following statements is NOT true about constant-growth stocks?
A. The cash dividend remains constant over time.
B. Mature companies with a history of stable growth show this pattern.
C. The dividends grow at a constant rate from one period to the next forever.
D. Far distant-dividends have a very small present value and add little to the stock's price.
