Which of the following is not true? Group of answer choices

The dividend growth model seeks to estimate the current market value of a stock by calculating the total future value of the future dividend payments.

The dividend growth model cannot be used to estimate the current market value of stocks of firms that dont issue any dividends.

There are ways other than the dividend growth model to conduct stock valuation, including multiplying a benchmark Price-to-Earnings ratio with earnings per share (EPS).

The dividend growth in x years is calculated by subtracting the current dividend payment from the amount of dividend payment x years from now.