Which of the following are key assumptions of Gordon's Dividend Model?

(A) Ke > br

(B) r and Ke are changing

(C) The firm is not all-equity firm

(D) The firm has perpetual life

(E) The retention ratio, once decided, is constant

Choose the correct answer from the options given below:

1
(A), (D), (E) only
2
(B), (C), (E) only
3
(A), (B), (D) only
4
(C), (D), (E) only

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