I need help please

> Moving to another question will save this response. Question 6 Which statement is FALSE? In two-stage growth dividend discount model, second growth rate (g2) must be greater than the required rate of return (k). For firms that do not pay dividends at all, residual income model should be applied to find the stock value. Clean surplus relationship (CSR) assumes that change in book value per share is equal to earnings per share minus dividends per share. Constant growth model in dividend discount models cannot be applied for firms that pay irregular dividends. Higher the discount rate, lower the stock value in stock valuation models. Moving to another question will save this response. WULTS led Test This test has a time limit of 1 hour and 40 minutes.This test will save and submit automatically when the time expires. Warnings appear when half the time, 5 minutes, 1 minute, and 30 seconds remain. Itiple Attempts Not allowed. This test can only be taken once. ce Completion This test can be saved and resumed at any point until time has expired. The timer will continue to run if you leave the test maining Time: 48 minutes, 04 seconds. Less than half of the time rem uestion Completion Status: Close Window Moving to another question will save this response. Question 8 of 15 uestion 8 4 points Save Answe Regency Co. has a current book value of $13.00 per share and no dividends has been paid. The most recent earnings per share were $3.92 and earnings are expected to grow at 4.5% forever. Stock's beta is 0.85, T-bill rate is 3.2% and S&P 500 return is 13.5%. Assume the clean surplus relationship is true. Assuming the company maintains a constant retention ratio, what is the value of the stock according to the residual income model? $41.60 $55.20 $38.70 $47.10 Moving to another question will save this response. Question 8 of 15 Close Window e 7:05 AM O w 2/27/2020Moving to another question will save this response. Question 9 Suppose ABC shares are currently selling at $394.60. Suppose ABC doesn't pay any dividends, and has the following information: EPSO = $30 k = 20% BO = $100 If we believe that the current share price is correctly priced, what should be the growth rate when we use the residual income model? O approx. 13% 6 approx. 15% approx. 17% approx. 13% Moving to another question will save this response