The three-stage FCFE model might result in an extremely high value if: A. the growth rate in the stable-period is equal to that of GNP. B. the growth rate in the stable-period is too low. C. the growth rate in the stable-period is too high.
If the growth rate in the stable-period is too high or the high-growth and transition periods are too long, the three-stage FCFE model might result in an extremely high value.
