Which of the following statement is incorrect? Analysts calculate an appropriate stock price for firms in the industry by multiplying each firm's earnings per share (EPS) by the industry average P/E ratio. The market value of preferred stock is the present value of the stream of preferred stock dividends, discounted at the market's required rate of return for that investment. The yield on preferred stock represents the annual rate of return that investors realize if they buy the stock for the current market price and then receive the promised dividend payments on time. O Most of the answers are correct. O To value businesses, assets, and securities, investors and financial managers use a general valuation model to calculate the future value of the historical net income values and that model unfortunately does not incorporate risk and return, and time value of money concepts