5. Which one of the following applies to the constant dividend growth model (or Gordon model) of stock valuation? a) The dividend amount must be constant over time. b) The growth rate must be less than the stock's required rate of return. c) The growth rate must be greater than the stock's required rate of return. d) The dividend must be for the same time period as the stock price. 6. According to the constant dividend growth model (or Gordon model), the total return on a stock is equal to a) the dividend yield minus the capital gains yield b) the growth rate of the dividends c) the dividend yield plus the dividend growth rate d) the dividend growth rate minus the dividend yield Which of the following is (are) true according to the Constant Dividend Growth Model (or Gordon Model)? I. The dividend growth model only holds if, at some point in time, the dividend growth rate exceeds the stock's required return. II. A decrease in the dividend growth rate will increase a stock's market value, all else the same. III. An increase in the required return on a stock will decrease its market value, all else the same. a) I only (b) only ) I and III nly d) I, II, and