If the Expected ROE on Reinvested Earnings Is Equal to K,the

If the expected ROE on reinvested earnings is equal to k,the multistage DDM reduces to

A) V₀= (Expected Dividend Per Share in Year 1) /k
B) V₀= (Expected EPS in Year 1) /k
C) V₀= (Treasury Bond Yield in Year 1) /k
D) V₀= (Market return in Year 1) /k
E) none of these