Common stock represents the -________-creditorownershipmanagementItem 1 position in a firm, and is valued as the present value of its expected future -________-dividendinterestFCFItem 2 stream. Common stock dividends -________-are alwaysmay beare notItem 3 specified by contract—they depend on the firm's earnings. Two models are used to estimate a stock's intrinsic value: the discounted dividend model and the corporate valuation model.