True/False

1. The return is the same as the growth rate in earnings assuming a stock pays no dividends.

2. We should divide the company value by the shares outstanding to get the share price.

3. The equity value of the firm is the consolidated future value of the cash flows from all of its projects.

4. Most preferred stock pays a fixed dividend, so the growth rate is greater than zero.

5. To find the dividend per share, we can divide the total dividends paid by the number of shares outstanding.