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Commerce Short Question | Gkseries

Q.

Which one of the following assumptions is not included in the James E. Walter Valuation model ?

[A] All financing by retained earnings only
[B] No change in the key variables such as EPS and DPS
[C] The firm has finite life
[D] All earnings are either distributed as dividends or invested internally immediately
Answer & Explanation

Answer: The firm has finite life

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