Analysts tend to prefer the free cash flow model of stock valuation over this discounted dividend model. This may be because: Group of answer choices The free cash flow model allows for long run growth while the discounted dividend model does not. Fewer items need to be forecasted to implement the free cash flow model than the discounted dividend model. The free cash flow model assumes that earnings must be paid out. The free cash flow model accounts for the fact that equity owners have a claim on retained earnings