Shares of Hot Donuts common stock are currently selling for $35.35. The last annual dividend paid was $1.10 per share and the market rate of return is 10.7%. At what rate is the dividend growing? 7.36% O 8.42% O 6.06% O 10.35% The dividend growth model: 1. assumes that dividends increase at a constant rate forever II. cannot practically be used to compute a stock price at any point in time III. states that the market price of a stock is only affected by the amount of the dividend IV. considers capital gains but ignores the dividend yield I, II, and Ill only Il only III and IV only O I only