Which of the following is a disadvantage of using the Dividend Growth Model to price shares?

Select one:

a$.$ It is difficult to use and understand.

b$.$ It does not take into account the time value of money.

C$.$ It cannot be used to analyze components of required return.

d$.$ It cannot be used to value companies that do not currently pay dividends.

e$.$ Its accuracy depends on the accuracy of its estimated variables.