Question $12(5$ points$)$In the constant growth model, if a stock's dividend is expected to grow at a constant rate of $5\%$ a year, which of the following statements is NOT CORRECT? Assume the stock is in equilibrium, and assume dividend payout is always positive $($i$.$e$.,$ no negative dividends$).$A blank Excel sheet is here.A$)$ The expected return on the stock will always be higher than $5\%$ a year.B$)$ The stock's dividend yield is $5\%.$O c$)$ The price of the stock is expected to increase in the future. D$)$ The stock's required return will never be lower than $5\%.$The stock's price one year from now is expected to be $5\%$ above the current price.