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What is a major assumption about growth rate in the dividend-discount model?
Natural Rights
Fundamental rights that are believed to be inherent and inalienable to all humans, such as life, liberty, and property, often emphasized in Enlightenment thought.
Tabula Rasa
A philosophical theory meaning "blank slate" in Latin, proposing that individuals are born without built-in mental content, and all knowledge comes from experience or perception.
Philosophe
An intellectual of the 18th-century Enlightenment who sought to apply reason to the study of many areas of learning, including philosophy, history, science, politics, economics, and social issues.
Serfdom Patent
A document or decree abolishing or altering the conditions of serfdom, a form of labor widely used in feudal systems where serfs were tied to and worked land owned by lords.
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