Which of the following is NOT a problem with the dividend model approach to estimating the cost of equity?

A) Some firms do not pay dividends.
B) Some firms pay dividends but do not follow a policy of constant growth.
C) Sometimes it is very difficult to estimate a constant dividend growth rate for a firm.
D) All of the above are problems with the dividend approach to estimating the cost of equity.

D

Business

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Which of the following assets is most liquid?

A) A checking account B) A savings account C) A certificate of deposit (CD) D) The above three are equally liquid.

Business