Question: 12. If D1 = $1.50, g (which is constant) = 6.80%, and PO = $56, what is the stock's expected capital gains yield for the

 12. If D1 = $1.50, g (which is constant) = 6.80%,

12. If D1 = $1.50, g (which is constant) = 6.80%, and PO = $56, what is the stock's expected capital gains yield for the coming year? a) 6.83% b) 7.52% c) 7.17% d) 7.90% e) 6.80%

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