Which of the following statements is not correct? Select one: A. The corporate valuation model can be utilized for firms that pay dividends and well as for those that do not pay any dividends. B. The corporate valuation model uses the cost of equity to discount projected free cash flow amounts. C. The corporate valuation model can be utilized to determine the value of a corporate division. D. An important step in applying the corporate valuation model is preparing projected financial statements. E. Free cash flows are assumed to grow at a constant rate beyond a specified date in order to find the terminal, value