1. A problem with applying the general dividend valuation model is that the
A. dividend payments sometimes act like bond payments.
B. timing but not the amount of the expected future dividends is uncertain.
C. amount but not the timing of the expected future dividends is uncertain.
D. timing and amount of the expected future dividends are uncertain.
2. One characteristic that distinguishes the supernormal growth diviend model from the constant growth dividend model is that the
A. growth is usually constant and then becomes increasingly high.
B. growth usually occurs when companies are just starting out.
C. growth is usually more predictable at the beginning than at the end.
D. growth is usually sporadic at the beginning and then increases