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All of the following statements are correct except ? I. Preferred stocks have zero growth dividends. Il. A decrease in the required return will decrease

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All of the following statements are correct except ? I. Preferred stocks have zero growth dividends. Il. A decrease in the required return will decrease the capital gains yield I A constant dividend stock can be valued using the dividend growth model. IV. The dividend growth model can be used to compute the current value of any stock V. The capital gains yield is the sum of the annual rate of change in a stock's price plus the stock's dividend growth rate O y O IV and V only O I and Il only O ill, IV and V only O Ill only I onl 111 only

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