Susan used the Constant Dividend Model to value a company's stock. The model significantly underpriced the stock. What is a likely reason why? [If you believe there is more than one correct answer, then choose the MOST CORRECT].

A) Susan failed to account for the fact that dividends are likely to grow in the future.

B) Susan used a discount rate that was too low.

C) Susan should have the company's P/E ratio instead.

D) Susan should only use that model to evaluate the price of preferred stock

E) None of the above.