Which of the following statements on corporate valuation model is CORRECT? The corporate valuation model is difficult to apply to find the value of a division The corporate valuation model discounts tree cash flows by the company's weighted average cost of capital According to the corporate valuation model, the value of operation represents the present value of all future projected operating cash flows. The corporate valuation model requires the assumption of a constant growth rate in all years The corporate valuation model cannot be used companies that do not pay dividends