单选题

The Gordon growth model is most appropriate for valuing the common stock of a dividend paying company that is:

A、 young and just entering the growth phase.
B、 experiencing a higher than the sustainable growth rate.
C、 mature and relatively insensitive to the economic fluctuations.

【正确答案】 C

【答案解析】

C is correct. The Gordon growth model is most appropriate for valuing common stock of a dividend-paying company that is mature and relatively insensitive to the business cycle or economic fluctuations.