In the generalized dividend model, if the expected sales price is in the distant future

In the generalized dividend model, if the expected sales price is in the distant future 



A) it does not affect the stock price.
B) it is more important than dividends in determining a stock's price.
C) it is equally important with dividends in determining the stock's price.
D) it is less important than dividends but still affects a stock's price.




Answer: A


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