The constant dividend growth model:

I. assumes that dividends increase at a constant rate forever.

II. can be used to compute a stock price at any point of 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.

A. II only

B. III and IV only

C. I only

D. I and II only

E. I, II, and III only