Moving to another question will save this response. Question 2 Which statement is FALSE regarding equity valuation models? Free cash flow (FCF) model is based on a firm having positive cash flows. Clean surplus relationship (CSR) assumes that change in book value per share is equal to earnings per share minus dividends per share. Residual income model can be applied to firms that do not pay dividends at all to find their stock value. in two-stage growth dividend discount model second growth rate (82) must be greater than the required rate of return (k). Free cash flow (FCF) model can be used to value a company with negative earnings Moving to another question will save this response Type here to search O E hp