Which of the following firms would most likely be appropriately valued using the constant growth DDM?
A. An auto manufacturer.
B. A producer of bread and snack foods.
C. A biotechnology firm in existence for two years.
Answer: B
A. An auto manufacturer.
B. A producer of bread and snack foods.
C. A biotechnology firm in existence for two years.
Answer: B
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.