Question 14 0.67 pts In the dividend discount model (DDM), the appropriate discount rate used to calculate the present value of dividends is: Return of equity Return of asset Weighted average cost of capital (WACC) Return of debt Question 15 0.67 pts The growth rate in the constant growth rate DDM is 1. the expected growth rate of dividend II. the expected growth rate of earnings III. the capital gain component of stock's expected return All ( 11, and I are correct Only 1 is correct O Only I and Ill are correct Only I and I are correct MacBook Pro 00 33 21 16 go BOB DOO 4 FS 6 & A SC 7 8 6 4 5 3 2 U