We talked about several valuation models during the semester. Which of the formulas below is consistent with a two-stage dividend discount model where the the first stage assumes an initial annual growth rate for N years and the second stage assumes no growth in the subsequent dividends after the Nth year? In the formulas shown below for this question assume that g₁ and g₂ are both positive. Assume the references to r_E, wacc, D, g₁, g₂, and FCF are consistent with the notation used in the lectures when talking about DCF models.

IswerA:SharePrice0=(t=0N(1+rE)tD0(1+g1)t)+(1+rE)NrEg2DN(1+g2)swerB:SharePriceSh0=(t=0N(1+wacc)tD0(1+g1)t)+(1+wacc)Nwaccg2DN(1+g2)swerC:SharePrice0=(t=0N(1+rE)tD0(1+g1)t)+(1+rE)NrEDNswerD:SharePrice0=(t=0N(1+wacc)tFCF0(1+g1)t)+(1+wacc)NwaccFCF