Which one of the following statements is NOT true about zero-growth stocks?
a. Dividend stays constant over time.
b. The cash flow pattern resembles a perpetuity with a constant cash flow.
c. Dividend payment pattern shows constant growth over time.
d. There is no growth in dividends over time.
Answer: C
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.