Given the infinite time horizon the value of stock can be, Financial Management

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Given the infinite time horizon the value of stock can be

Given the infinite time horizon, the value of stock can be described as _____________________________

a. The present value of projected dividends.

b. The sum of all future dividends

c. The future value of all dividends.

d. The price of the stock in year 100 discounted back at an assumed growth rate

e. Both a and d

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