Which One of These Applies to the Dividend Growth Model

Multiple Choice

Which one of these applies to the dividend growth model of stock valuation?

A) The dividend must be for the same time period as the stock price.
B) The growth rate must be less than the discount rate.
C) The rate of growth must be positive.
D) The model cannot be applied if the growth rate is zero.
E) The dividend amount must be constant over time.