The two$-$stage dividesd growth model evaluates the current price of a stock based on the asmomption a stock mill: $(4\mathrm{.}35$pts$)$

pay an increasing dividend for a period of time and then cease paying dividends altogether.

increase the dividend amount every other year.

pay a constant dividend for the first two quarters of each year and then increase the dividend the last two quarters of each year.

grow at a fixed rate for a period of time after which it will grow at a different rate indefinitely.

pay increasing dividends for a fixed period of time, cease paying dividends for a period of time, and then commence paying increasing dividends for an indefinite period of time.