12. Which of the following statements is incorrect? The constant growth model is appropriate for mature companies with a stable history of growth B) The constant growth model is inappropriate for companies that never pay dividend C) The constant rowth model is one appropriate for companies whose dividend growth rate is smaller than its required rate of run on a stock 5) The constant growth model cannot be applied to companies that expect a negative dividend growth rate, b) The constant growth model can be applied to companies that expect a zero dividend growth rate