Constant growth model: If the model below is to give a reasonable valuation of a stock, then which of the following is not a valid assumption for the model?

P0 = D0 (1 + g)/Ks -g

Question options:

	growth, g, is negative
	There will be no growth, for example, g = zero
	The growth rate exceeds the required rate of return
	The required return is high (30%)
	All of the above are workable assumption is value in this sense that the model can be used even if they hold true.