Which of the following statements is FALSE?

	A.	During periods of high growth, it is not unusual for firms to pay out 100% of their earnings to shareholders in the form of dividends.
	B.	The dividend each year is the firm's earnings per share (EPS) multiplied by its dividend payout rate.
	C.	Forecasting a firm's future dividends is not an easy task.
	D.	A common assumption is that in the long run, dividends will grow at a constant rate.