Question: 1 5 Multiple Choice 2 points 1 5 . If a stock's dividend is expected to grow at a constant rate of 5 % a

15 Multiple Choice 2 points
15. If a stock's dividend is expected to grow at a constant rate of 5% a year, which of the following statements is CORRECT? The stock is in equilibrium.
The stock's dividend yield is 5%.
The price of the stock is expected to decline in the future.
The stock's required return must be equal to or less than 5%.
The stock's price one year from now is expected to be 5% above the current price.
The expected return on the stock is 5% a year.
1 5 Multiple Choice 2 points 1 5 . If a stock's

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