The Gordon Model

question 58

Multiple Choice

The Gordon model

• A)is a generalization of the perpetuity formula to cover the case of a growing perpetuity.
• B)is valid only when g is less than k.
• C)is valid only when k is less than g.
• D)is a generalization of the perpetuity formula to cover the case of a growing perpetuity and is valid only when g is less than k.

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