The two-stage dividend growth model evaluates the current price of a stock based on the assumption a stock will: a. pay an increasing dividend for a period of time and then cease paying dividends altogether. increase the dividend amount every other year. b. pay a constant dividend for the first two quarters of each year and then increase the dividend the last two quarters of each year. c. grow at a fixed rate for a period of time after which it will grow at a different rate indefinitely. d. 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.