Which of the following is not true?

Group of answer choices

The way in which we calculate the stocks market value through the Dividend Discount Model (i.e. the formula we use) does not vary based on how the dividend will grow (for example, based on whether the dividend growth rate may change at any point).

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

None of the above (all of the above are correct).

The Dividend Discount Model seeks to estimate the current market value of a stock by calculating the present values of the future dividend payments.