16. b. All of the following are interchangeable terms used in a Dividend Discount Model except for: discount rate coupon rate required rate of return cost of equity capital 17. The dividend valuation model that is most appropriate for a young company that pays small dividends now but is expected to increase dividends in a few years is the: zero-growth model. constant growth model. expansion growth model. multiple growth model. b. c. d. 18. What is the estimated value of a stock with a required rate of return of 12%, a projected constant growth rate of dividends of 7% and expected dividend next year of $2.502 $60 $15 $150 b. $50