Which One of the Following Statements Is Correct

Multiple Choice

Which one of the following statements is correct?

A) The capital gains yield is the annual rate of change in a stock's price.
B) Preferred stocks have constant growth dividends.
C) A constant dividend stock cannot be valued using the dividend growth model.
D) The dividend growth model can be used to compute the current value of any stock.
E) An increase in the required return will decrease the capital gains yield.