单选题

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

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

【正确答案】 B

【答案解析】

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.