Which of the following statements is correct?

Question 17 options:

Two firms with the same dividend and growth rate must also have the same stock price.

Google's Class B stock was sold to the investing public while its Class A stock was retained by its founders.

Like bonds, preferred stock has a par value and a fixed amount of dividends which must be paid before dividends can be paid on the common stock.

It is appropriate to use the constant growth model to estimate stock value even if the growth rate never becomes constant.