The overall rate of growth for a firm and its industry is 3.5 percent. Which of these combinations of dividend growth rates are acceptable when computing the current value of the firm's stock? Short-run growth
=5
percent; Long-run growth
=4
percent Short-run growth
=20
percent; Long-run growth
=5
percent Short-run growth
=15
percent; Long-run growth
=3
percent Short-run growth
=2
percent; Long-run growth
=4
percent